Davis Capital Management Sells 1,342 Shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT)

Davis Capital Management cut its holdings in shares of Invesco BulletShares 2029 Corporate Bond ETF (NASDAQ:BSCT) by 17.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,533 shares of the company’s stock after selling 1,342 shares during the period. Davis Capital Management’s holdings in Invesco BulletShares 2029 Corporate Bond ETF were worth $120,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in BSCT. Raymond James & Associates boosted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 71.1% during the third quarter. Raymond James & Associates now owns 2,550,819 shares of the company’s stock valued at $47,981,000 after buying an additional 1,059,729 shares during the last quarter. Aptus Capital Advisors LLC boosted its holdings in Invesco BulletShares 2029 Corporate Bond ETF by 37.6% during the 3rd quarter. Aptus Capital Advisors LLC now owns 2,162,775 shares of the company’s stock worth $40,682,000 after acquiring an additional 591,205 shares during the last quarter. Avior Wealth Management LLC grew its stake in shares of Invesco BulletShares 2029 Corporate Bond ETF by 20.4% in the 3rd quarter. Avior Wealth Management LLC now owns 1,969,430 shares of the company’s stock worth $37,045,000 after acquiring an additional 333,314 shares in the last quarter. Brookstone Capital Management purchased a new stake in shares of Invesco BulletShares 2029 Corporate Bond ETF in the fourth quarter valued at about $24,644,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of Invesco BulletShares 2029 Corporate Bond ETF by 1.7% during the third quarter. Janney Montgomery Scott LLC now owns 1,161,426 shares of the company’s stock valued at $21,846,000 after purchasing an additional 19,140 shares in the last quarter.

Invesco BulletShares 2029 Corporate Bond ETF Stock Down 0.2 %

Shares of BSCT stock opened at $18.31 on Wednesday. Invesco BulletShares 2029 Corporate Bond ETF has a 52-week low of $17.84 and a 52-week high of $18.96. The company has a 50-day simple moving average of $18.39 and a two-hundred day simple moving average of $18.53.

Invesco BulletShares 2029 Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 24th. Investors of record on Tuesday, January 21st will be issued a dividend of $0.068 per share. The ex-dividend date of this dividend is Tuesday, January 21st.

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.