IMA Advisory Services Inc. Raises Stake in Invesco BulletShares 2029 Corporate Bond ETF $BSCT

IMA Advisory Services Inc. grew its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 6.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,221,624 shares of the company’s stock after purchasing an additional 72,559 shares during the quarter. Invesco BulletShares 2029 Corporate Bond ETF makes up approximately 2.2% of IMA Advisory Services Inc.’s investment portfolio, making the stock its 11th largest position. IMA Advisory Services Inc.’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $23,009,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Kirr Marbach & Co. LLC IN raised its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 53.2% in the fourth quarter. Kirr Marbach & Co. LLC IN now owns 652,689 shares of the company’s stock valued at $12,293,000 after acquiring an additional 226,705 shares in the last quarter. Colonial Trust Advisors raised its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 19.0% in the third quarter. Colonial Trust Advisors now owns 315,523 shares of the company’s stock valued at $5,935,000 after acquiring an additional 50,474 shares in the last quarter. BCS Wealth Management raised its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF by 118.1% in the fourth quarter. BCS Wealth Management now owns 546,592 shares of the company’s stock valued at $10,295,000 after acquiring an additional 295,928 shares in the last quarter. Sound Stewardship LLC boosted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 787.6% during the fourth quarter. Sound Stewardship LLC now owns 114,309 shares of the company’s stock valued at $2,153,000 after purchasing an additional 101,430 shares in the last quarter. Finally, ProVise Management Group LLC boosted its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 27.2% during the fourth quarter. ProVise Management Group LLC now owns 307,212 shares of the company’s stock valued at $5,786,000 after purchasing an additional 65,783 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

NASDAQ BSCT opened at $18.56 on Monday. The firm’s 50 day moving average price is $18.64 and its 200-day moving average price is $18.76. Invesco BulletShares 2029 Corporate Bond ETF has a 52-week low of $18.48 and a 52-week high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were paid a dividend of $0.0717 per share. This is a boost from Invesco BulletShares 2029 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Monday, May 18th.

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.