Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Short Interest Update

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 200,114 shares, a decrease of 36.8% from the August 31st total of 316,702 shares. Based on an average daily volume of 926,390 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCT opened at $18.20 on Thursday. The firm has a 50 day simple moving average of $18.44 and a 200 day simple moving average of $18.56. Invesco BulletShares 2029 Corporate Bond ETF has a 52 week low of $18.16 and a 52 week high of $18.94.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were issued a dividend of $0.0688 per share. The ex-dividend date was Monday, September 21st. This represents a $0.83 annualized dividend and a dividend yield of 4.5%. This is a decrease from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.0702.

Institutional Trading of Invesco BulletShares 2029 Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in the business. Lido Advisors LLC lifted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 5.0% in the fourth quarter. Lido Advisors LLC now owns 6,386,183 shares of the company’s stock worth $120,139,000 after buying an additional 302,120 shares during the last quarter. Aptus Capital Advisors LLC grew its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 5.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 3,667,652 shares of the company’s stock valued at $69,080,000 after purchasing an additional 180,123 shares during the last quarter. Bank of America Corp DE boosted its stake in Invesco BulletShares 2029 Corporate Bond ETF by 32.0% during the 1st quarter. Bank of America Corp DE now owns 3,487,306 shares of the company’s stock valued at $65,073,000 after purchasing an additional 845,134 shares during the period. Royal Bank of Canada lifted its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 13.4% during the first quarter. Royal Bank of Canada now owns 2,445,163 shares of the company’s stock worth $45,627,000 after buying an additional 289,430 shares during the last quarter. Finally, Manchester Financial Inc. grew its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 1.5% in the fourth quarter. Manchester Financial Inc. now owns 2,246,389 shares of the company’s stock worth $42,311,000 after acquiring an additional 32,393 shares during the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Company 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.