Invesco BulletShares 2029 Corporate Bond ETF $BSCT Shares Purchased by Baird Financial Group Inc.

Baird Financial Group Inc. boosted its position in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 30.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,196,098 shares of the company’s stock after purchasing an additional 278,650 shares during the period. Baird Financial Group Inc.’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $22,218,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Morgan Stanley increased its stake in Invesco BulletShares 2029 Corporate Bond ETF by 14.3% in the fourth quarter. Morgan Stanley now owns 8,288,748 shares of the company’s stock valued at $156,119,000 after purchasing an additional 1,036,113 shares during the last quarter. Lido Advisors LLC grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 5.0% during the 4th quarter. Lido Advisors LLC now owns 6,386,183 shares of the company’s stock valued at $120,139,000 after purchasing an additional 302,120 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 17.6% during the 4th quarter. Wells Fargo & Company MN now owns 6,154,081 shares of the company’s stock worth $115,912,000 after purchasing an additional 920,814 shares during the last quarter. Raymond James Financial Inc. increased its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 6.4% during the 3rd quarter. Raymond James Financial Inc. now owns 4,684,687 shares of the company’s stock worth $88,119,000 after purchasing an additional 281,202 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 16.0% in the 4th quarter. LPL Financial LLC now owns 4,348,671 shares of the company’s stock worth $81,907,000 after purchasing an additional 600,085 shares during the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2029 Corporate Bond ETF stock opened at $18.35 on Friday. The business has a 50-day moving average price of $18.51 and a 200 day moving average price of $18.61. Invesco BulletShares 2029 Corporate Bond ETF has a fifty-two week low of $18.35 and a fifty-two week high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were paid a dividend of $0.0702 per share. The ex-dividend date was Monday, August 24th. This is a positive change from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 4.6%.

Invesco BulletShares 2029 Corporate Bond ETF Profile

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.