Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Hits New 12-Month High at $21.03

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $21.03 and last traded at $21.02, with a volume of 255474 shares trading hands. The stock had previously closed at $21.01.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

The business has a 50-day moving average of $20.96 and a 200 day moving average of $20.87.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.057 per share. This is a positive change from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.04. This represents a $0.68 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date was Monday, March 18th.

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 BSCO. Lido Advisors LLC boosted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 2.5% in the 1st quarter. Lido Advisors LLC now owns 47,049,884 shares of the company’s stock worth $968,757,000 after buying an additional 1,148,424 shares during the last quarter. UBS Group AG boosted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 6.4% in the 4th quarter. UBS Group AG now owns 6,502,300 shares of the company’s stock worth $135,801,000 after buying an additional 393,025 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 0.7% in the 4th quarter. Wells Fargo & Company MN now owns 6,350,343 shares of the company’s stock worth $132,627,000 after buying an additional 46,121 shares during the last quarter. Morgan Stanley boosted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 14.4% in the 4th quarter. Morgan Stanley now owns 5,564,795 shares of the company’s stock worth $113,995,000 after buying an additional 698,919 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 11.8% in the 1st quarter. Bank of America Corp DE now owns 4,622,338 shares of the company’s stock worth $95,174,000 after buying an additional 486,162 shares during the last quarter.

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.