Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Sees Unusually-High Trading Volume – Here’s Why

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) saw unusually-high trading volume on Thursday . Approximately 542,512 shares changed hands during trading, a decline of 31% from the previous session’s volume of 782,991 shares.The stock last traded at $18.33 and had previously closed at $18.31.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

The stock’s 50 day moving average price is $18.39 and its two-hundred day moving average price is $18.52.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.0707 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from Invesco BulletShares 2029 Corporate Bond ETF’s previous dividend of $0.07.

Institutional Investors Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the 3rd quarter valued at approximately $26,000. FMR LLC acquired a new stake in Invesco BulletShares 2029 Corporate Bond ETF in the third quarter valued at $38,000. AdvisorNet Financial Inc purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at $54,000. Everpar Advisors LLC acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 3rd quarter worth $194,000. Finally, Benjamin F. Edwards & Company Inc. grew its stake in Invesco BulletShares 2029 Corporate Bond ETF by 23.5% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 10,980 shares of the company’s stock valued at $199,000 after acquiring an additional 2,087 shares during the last quarter.

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.