Short Interest in Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) Decreases By 42.8%

Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 248,796 shares, a drop of 42.8% from the July 30th total of 434,832 shares. Based on an average trading volume of 489,608 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Investors Weigh In On Invesco BulletShares 2029 Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of BSCT. PNC Financial Services Group Inc. purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF during the 4th quarter valued at about $32,000. AlphaCore Capital LLC purchased a new position in Invesco BulletShares 2029 Corporate Bond ETF in the 4th quarter worth approximately $34,000. Rockefeller Capital Management L.P. boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 41.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,313 shares of the company’s stock worth $44,000 after acquiring an additional 681 shares during the period. Topsail Wealth Management LLC grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 60.0% in the first quarter. Topsail Wealth Management LLC now owns 2,400 shares of the company’s stock valued at $45,000 after acquiring an additional 900 shares in the last quarter. Finally, IFP Advisors Inc grew its position in Invesco BulletShares 2029 Corporate Bond ETF by 21.5% in the fourth quarter. IFP Advisors Inc now owns 3,114 shares of the company’s stock valued at $59,000 after acquiring an additional 551 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSCT traded down $0.04 during midday trading on Friday, hitting $18.47. 1,183,017 shares of the company’s stock traded hands, compared to its average volume of 666,074. The firm’s fifty day moving average price is $18.54 and its two-hundred day moving average price is $18.64. Invesco BulletShares 2029 Corporate Bond ETF has a twelve month low of $18.42 and a twelve month high of $18.97.

Invesco BulletShares 2029 Corporate Bond ETF Increases Dividend

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

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.