SFE Investment Counsel Sells 125,478 Shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO)

SFE Investment Counsel lowered its stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) by 60.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 80,433 shares of the company’s stock after selling 125,478 shares during the quarter. SFE Investment Counsel owned 0.31% of Invesco BulletShares 2024 High Yield Corporate Bond ETF worth $1,827,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in BSJO. Mirador Capital Partners LP grew its position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 5.3% in the 1st quarter. Mirador Capital Partners LP now owns 3,560,590 shares of the company’s stock worth $80,932,000 after buying an additional 178,531 shares during the last quarter. UBS Group AG increased its position in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 27.0% during the 4th quarter. UBS Group AG now owns 1,642,120 shares of the company’s stock valued at $37,301,000 after purchasing an additional 349,604 shares during the period. Goldman Sachs Group Inc. bought a new position in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the 4th quarter worth $26,454,000. Wells Fargo & Company MN lifted its position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 4.0% in the 4th quarter. Wells Fargo & Company MN now owns 826,793 shares of the company’s stock worth $18,781,000 after purchasing an additional 32,110 shares during the period. Finally, Cetera Investment Advisers bought a new stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the 1st quarter valued at about $17,997,000.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Price Performance

BSJO stock opened at $22.76 on Friday. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a 1 year low of $22.32 and a 1 year high of $22.93. The firm has a 50-day moving average of $22.69 and a 200 day moving average of $22.72.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 23rd. Stockholders of record on Monday, August 19th were given a $0.103 dividend. This represents a $1.24 annualized dividend and a dividend yield of 5.43%. The ex-dividend date of this dividend was Monday, August 19th.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-weighted index of high-yield corporate bonds with effective maturities in 2024. BSJO was launched on Sep 14, 2016 and is managed by Invesco.