Resonant Capital Advisors LLC Cuts Stake in Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO)

Resonant Capital Advisors LLC lowered its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) by 6.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 197,780 shares of the company’s stock after selling 12,688 shares during the period. Resonant Capital Advisors LLC’s holdings in Invesco BulletShares 2024 Corporate Bond ETF were worth $4,131,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BSCO. SNS Financial Group LLC grew its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 4.3% during the 4th quarter. SNS Financial Group LLC now owns 926,910 shares of the company’s stock valued at $19,359,000 after buying an additional 38,224 shares in the last quarter. Cornerstone Wealth Management LLC grew its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 1.7% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 506,460 shares of the company’s stock valued at $10,469,000 after buying an additional 8,477 shares in the last quarter. Castleview Partners LLC grew its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 15.7% during the 3rd quarter. Castleview Partners LLC now owns 82,024 shares of the company’s stock valued at $1,695,000 after buying an additional 11,118 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 29.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 550,773 shares of the company’s stock valued at $11,384,000 after buying an additional 124,455 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 32.2% during the 3rd quarter. Invesco Ltd. now owns 1,115,721 shares of the company’s stock valued at $23,062,000 after buying an additional 271,570 shares in the last quarter.

Invesco BulletShares 2024 Corporate Bond ETF Stock Performance

NASDAQ BSCO traded up $0.01 during trading on Friday, hitting $21.04. 963,695 shares of the stock traded hands, compared to its average volume of 1,027,316. The firm has a 50-day simple moving average of $20.97 and a 200-day simple moving average of $20.87. Invesco BulletShares 2024 Corporate Bond ETF has a 12-month low of $20.53 and a 12-month high of $21.04.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The company also recently declared 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 represents a $0.68 annualized dividend and a yield of 3.25%. The ex-dividend date was Monday, March 18th. This is a boost from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.04.

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.