Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Hits New 12-Month High – What’s Next?

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO)’s stock price reached a new 52-week high on Friday . The stock traded as high as $21.18 and last traded at $21.17, with a volume of 20158 shares changing hands. The stock had previously closed at $21.16.

Invesco BulletShares 2024 Corporate Bond ETF Trading Up 0.0 %

The stock’s 50-day simple moving average is $21.12 and its 200-day simple moving average is $21.08.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.08 dividend. The ex-dividend date was Monday, September 23rd. This is an increase from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.53%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. TruWealth Advisors LLC boosted its stake in Invesco BulletShares 2024 Corporate Bond ETF by 3.2% during the third quarter. TruWealth Advisors LLC now owns 4,046,441 shares of the company’s stock worth $85,461,000 after acquiring an additional 125,888 shares in the last quarter. Motley Fool Wealth Management LLC boosted its position in shares of Invesco BulletShares 2024 Corporate Bond ETF by 3.6% in the 1st quarter. Motley Fool Wealth Management LLC now owns 1,848,215 shares of the company’s stock worth $38,757,000 after purchasing an additional 64,293 shares in the last quarter. Asset Dedication LLC grew its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 0.4% in the 2nd quarter. Asset Dedication LLC now owns 1,788,919 shares of the company’s stock worth $37,675,000 after buying an additional 6,754 shares during the last quarter. Osaic Holdings Inc. increased its position in Invesco BulletShares 2024 Corporate Bond ETF by 4.6% during the 1st quarter. Osaic Holdings Inc. now owns 1,517,684 shares of the company’s stock valued at $31,829,000 after buying an additional 66,826 shares in the last quarter. Finally, Fusion Family Wealth LLC raised its stake in Invesco BulletShares 2024 Corporate Bond ETF by 0.5% during the third quarter. Fusion Family Wealth LLC now owns 1,499,515 shares of the company’s stock valued at $31,670,000 after buying an additional 7,423 shares during the last quarter.

About Invesco BulletShares 2024 Corporate Bond ETF

The Invesco BulletShares 2024 Corporate Bond ETF (BSCO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment-grade corporate bonds maturing in 2024. The fund will unwind in December 2024 and return all capital and proceeds to investors.