Independence Bank of Kentucky Sells 1,118 Shares of Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO)

Independence Bank of Kentucky lowered its holdings in Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) by 10.0% during the first quarter, HoldingsChannel.com reports. The fund owned 10,093 shares of the company’s stock after selling 1,118 shares during the period. Independence Bank of Kentucky’s holdings in Invesco BulletShares 2024 Corporate Bond ETF were worth $212,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Northwest Investment Counselors LLC bought a new stake in Invesco BulletShares 2024 Corporate Bond ETF in the first quarter valued at about $36,000. PSI Advisors LLC increased its stake in Invesco BulletShares 2024 Corporate Bond ETF by 168.2% in the fourth quarter. PSI Advisors LLC now owns 2,092 shares of the company’s stock valued at $44,000 after acquiring an additional 1,312 shares during the period. BKM Wealth Management LLC bought a new stake in Invesco BulletShares 2024 Corporate Bond ETF in the fourth quarter valued at about $61,000. Marquette Asset Management LLC bought a new stake in Invesco BulletShares 2024 Corporate Bond ETF in the fourth quarter valued at about $68,000. Finally, Parallel Advisors LLC increased its stake in Invesco BulletShares 2024 Corporate Bond ETF by 196.2% in the fourth quarter. Parallel Advisors LLC now owns 3,703 shares of the company’s stock valued at $77,000 after acquiring an additional 2,453 shares during the period.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

NASDAQ:BSCO traded up $0.02 on Friday, reaching $21.06. The stock had a trading volume of 685,001 shares, compared to its average volume of 898,498. Invesco BulletShares 2024 Corporate Bond ETF has a 1-year low of $20.55 and a 1-year high of $21.11. The stock has a fifty day moving average price of $21.04 and a 200-day moving average price of $20.97.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a $0.0699 dividend. The ex-dividend date of this dividend was Monday, June 24th. This is a positive change from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.07. This represents a $0.84 dividend on an annualized basis and a yield of 3.98%.

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.