Exchange Capital Management Inc. Sells 25,420 Shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)

Exchange Capital Management Inc. decreased its position in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 12.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 173,852 shares of the company’s stock after selling 25,420 shares during the period. Exchange Capital Management Inc.’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $3,188,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Avior Wealth Management LLC raised its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 12.1% in the 4th quarter. Avior Wealth Management LLC now owns 2,207,836 shares of the company’s stock worth $40,492,000 after purchasing an additional 238,406 shares during the period. Aptus Capital Advisors LLC raised its stake in Invesco BulletShares 2029 Corporate Bond ETF by 37.6% in the third quarter. Aptus Capital Advisors LLC now owns 2,162,775 shares of the company’s stock valued at $40,682,000 after buying an additional 591,205 shares during the last quarter. Brookstone Capital Management purchased a new position in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter worth about $24,644,000. Janney Montgomery Scott LLC lifted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 1.7% in the third quarter. Janney Montgomery Scott LLC now owns 1,161,426 shares of the company’s stock valued at $21,846,000 after acquiring an additional 19,140 shares during the period. Finally, Capital Investment Counsel LLC lifted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 55.0% during the 4th quarter. Capital Investment Counsel LLC now owns 1,064,744 shares of the company’s stock valued at $19,527,000 after buying an additional 377,912 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.3 %

Shares of NASDAQ BSCT opened at $18.43 on Tuesday. The company has a 50-day moving average of $18.35 and a 200 day moving average of $18.52. Invesco BulletShares 2029 Corporate Bond ETF has a 12-month low of $17.84 and a 12-month high of $18.96.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 28th. Stockholders of record on Monday, February 24th will be issued a $0.0671 dividend. The ex-dividend date of this dividend is Monday, February 24th.

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.