Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Reaches New 1-Year High – Here’s Why

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $21.18 and last traded at $21.17, with a volume of 52920 shares changing hands. The stock had previously closed at $21.16.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

The company’s 50-day moving average price is $21.14 and its 200-day moving average price is $21.09.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were paid a dividend of $0.082 per share. This is a positive change from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $0.98 annualized dividend and a yield of 4.65%. The ex-dividend date of this dividend was Monday, October 21st.

Hedge Funds Weigh In On Invesco BulletShares 2024 Corporate Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in Invesco BulletShares 2024 Corporate Bond ETF in the 3rd quarter valued at $26,000. Mather Group LLC. raised its position in shares of Invesco BulletShares 2024 Corporate Bond ETF by 292.5% in the second quarter. Mather Group LLC. now owns 1,680 shares of the company’s stock valued at $35,000 after buying an additional 1,252 shares during the last quarter. Unique Wealth Strategies LLC acquired a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF in the second quarter valued at about $36,000. Northwest Investment Counselors LLC purchased a new position in shares of Invesco BulletShares 2024 Corporate Bond ETF in the third quarter worth about $37,000. Finally, RPg Family Wealth Advisory LLC acquired a new position in Invesco BulletShares 2024 Corporate Bond ETF during the third quarter worth about $72,000.

Invesco BulletShares 2024 Corporate Bond ETF Company Profile

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.