Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Sees Large Volume Increase – What’s Next?

Shares of Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) saw strong trading volume on Tuesday . 1,083,436 shares changed hands during trading, an increase of 32% from the previous session’s volume of 823,730 shares.The stock last traded at $21.12 and had previously closed at $21.11.

Invesco BulletShares 2024 Corporate Bond ETF Stock Performance

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

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a $0.082 dividend. This represents a $0.98 dividend on an annualized basis and a yield of 4.66%. This is a boost from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Monday, October 21st.

Institutional Trading of Invesco BulletShares 2024 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA bought a new position in Invesco BulletShares 2024 Corporate Bond ETF in the third quarter worth approximately $26,000. Larson Financial Group LLC lifted its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF by 74.6% in the 1st quarter. Larson Financial Group LLC now owns 1,461 shares of the company’s stock worth $31,000 after purchasing an additional 624 shares in the last quarter. Mather Group LLC. grew its position in Invesco BulletShares 2024 Corporate Bond ETF by 292.5% in the 2nd quarter. Mather Group LLC. now owns 1,680 shares of the company’s stock valued at $35,000 after purchasing an additional 1,252 shares during the period. Unique Wealth Strategies LLC bought a new stake in Invesco BulletShares 2024 Corporate Bond ETF during the 2nd quarter valued at $36,000. Finally, Northwest Investment Counselors LLC acquired a new position in Invesco BulletShares 2024 Corporate Bond ETF during the third quarter worth $37,000.

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.