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

Latitude Advisors LLC cut its holdings in Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) by 34.3% during the fourth quarter, Holdings Channel reports. The firm owned 27,410 shares of the company’s stock after selling 14,290 shares during the quarter. Latitude Advisors LLC’s holdings in Invesco BulletShares 2024 Corporate Bond ETF were worth $572,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BSCO. BOK Financial Private Wealth Inc. bought a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF during the third quarter worth $25,000. GPS Wealth Strategies Group LLC purchased a new position in shares of Invesco BulletShares 2024 Corporate Bond ETF during the third quarter worth approximately $34,000. Buck Wealth Strategies LLC bought a new position in Invesco BulletShares 2024 Corporate Bond ETF in the third quarter worth approximately $36,000. Almanack Investment Partners LLC. purchased a new position in Invesco BulletShares 2024 Corporate Bond ETF during the 3rd quarter worth $47,000. Finally, Parkside Financial Bank & Trust raised its position in Invesco BulletShares 2024 Corporate Bond ETF by 244.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 2,731 shares of the company’s stock valued at $56,000 after purchasing an additional 1,937 shares in the last quarter.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

Shares of BSCO traded up $0.02 during midday trading on Wednesday, reaching $21.03. 309,703 shares of the stock were exchanged, compared to its average volume of 1,030,386. The company’s 50 day moving average is $20.96 and its two-hundred day moving average is $20.87. Invesco BulletShares 2024 Corporate Bond ETF has a 52 week low of $20.53 and a 52 week high of $21.03.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

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

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.