Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Sees Strong Trading Volume Following Dividend Announcement

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) shares saw unusually-strong trading volume on Monday following a dividend announcement from the company. Approximately 1,529,269 shares were traded during trading, an increase of 48% from the previous session’s volume of 1,035,863 shares.The stock last traded at $20.99 and had previously closed at $21.04.

The newly announced dividend which will be paid on Friday, April 26th. Investors of record on Tuesday, April 23rd will be issued a dividend of $0.0604 per share. This represents a $0.72 annualized dividend and a yield of 3.45%. The ex-dividend date is Monday, April 22nd. This is a positive change from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.04.

Invesco BulletShares 2024 Corporate Bond ETF Stock Performance

The company has a fifty day moving average of $20.97 and a two-hundred day moving average of $20.88.

Institutional Trading of Invesco BulletShares 2024 Corporate Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of BSCO. Arkadios Wealth Advisors increased its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 25.2% during the third quarter. Arkadios Wealth Advisors now owns 14,182 shares of the company’s stock valued at $293,000 after buying an additional 2,858 shares during the period. Avior Wealth Management LLC boosted its position in Invesco BulletShares 2024 Corporate Bond ETF by 47.7% in the third quarter. Avior Wealth Management LLC now owns 80,399 shares of the company’s stock valued at $1,662,000 after buying an additional 25,961 shares during the last quarter. Kessler Investment Group LLC boosted its position in Invesco BulletShares 2024 Corporate Bond ETF by 3.5% in the third quarter. Kessler Investment Group LLC now owns 38,204 shares of the company’s stock valued at $790,000 after buying an additional 1,282 shares during the last quarter. 4Thought Financial Group Inc. boosted its position in Invesco BulletShares 2024 Corporate Bond ETF by 1.8% in the third quarter. 4Thought Financial Group Inc. now owns 130,708 shares of the company’s stock valued at $2,702,000 after buying an additional 2,362 shares during the last quarter. Finally, Sterling Financial Group Inc. boosted its position in Invesco BulletShares 2024 Corporate Bond ETF by 8.5% in the third quarter. Sterling Financial Group Inc. now owns 15,022 shares of the company’s stock valued at $311,000 after buying an additional 1,172 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.