Newport Capital Group LLC Buys New Stake in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Newport Capital Group LLC purchased a new stake in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 41,800 shares of the company’s stock, valued at approximately $786,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hengehold Capital Management LLC raised its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 3.6% during the 3rd quarter. Hengehold Capital Management LLC now owns 15,586 shares of the company’s stock valued at $293,000 after buying an additional 547 shares during the last quarter. Accurate Wealth Management LLC boosted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 2.2% in the third quarter. Accurate Wealth Management LLC now owns 28,851 shares of the company’s stock worth $546,000 after buying an additional 617 shares during the last quarter. Compound Planning Inc. boosted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 6.9% in the third quarter. Compound Planning Inc. now owns 12,278 shares of the company’s stock worth $231,000 after buying an additional 792 shares during the last quarter. Optimum Investment Advisors grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 24.2% during the third quarter. Optimum Investment Advisors now owns 4,100 shares of the company’s stock worth $77,000 after acquiring an additional 800 shares during the period. Finally, Cypress Wealth Services LLC grew its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 1.9% during the third quarter. Cypress Wealth Services LLC now owns 47,671 shares of the company’s stock worth $897,000 after acquiring an additional 908 shares during the period.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

Shares of NASDAQ:BSCT opened at $18.74 on Wednesday. Invesco BulletShares 2029 Corporate Bond ETF has a 12-month low of $18.14 and a 12-month high of $18.97. The business has a 50 day moving average of $18.85 and a two-hundred day moving average of $18.85.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.0674 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, February 23rd.

About Invesco BulletShares 2029 Corporate Bond ETF

The Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate investment-grade bonds with effective maturities in 2029. BSCT was launched on Sep 12, 2019 and is managed by Invesco.