Sowell Financial Services LLC Purchases New Stake in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

Sowell Financial Services LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 138,747 shares of the company’s stock, valued at approximately $2,610,000.

Several other large investors also recently modified their holdings of BSCT. Angeles Wealth Management LLC acquired a new position in Invesco BulletShares 2029 Corporate Bond ETF during the 2nd quarter worth $39,000. BankPlus Trust Department acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the second quarter valued at $48,000. IFP Advisors Inc grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 175.7% in the 2nd quarter. IFP Advisors Inc now owns 2,550 shares of the company’s stock worth $48,000 after purchasing an additional 1,625 shares during the last quarter. Berkshire Money Management Inc. bought a new position in Invesco BulletShares 2029 Corporate Bond ETF in the 2nd quarter worth approximately $51,000. Finally, Optimum Investment Advisors acquired a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF during the second quarter valued at $62,000.

Invesco BulletShares 2029 Corporate Bond ETF Stock Up 0.1%

NASDAQ:BSCT opened at $18.84 on Monday. Invesco BulletShares 2029 Corporate Bond ETF has a 52-week low of $18.14 and a 52-week high of $18.97. The business’s 50-day moving average price is $18.83 and its 200 day moving average price is $18.78.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a $0.0701 dividend. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Monday, December 22nd. This is an increase from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07.

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.