Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Sees Strong Trading Volume – What’s Next?

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) saw an uptick in trading volume on Tuesday . 330,135 shares were traded during trading, an increase of 72% from the previous session’s volume of 191,532 shares.The stock last traded at $22.72 and had previously closed at $22.71.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Price Performance

The firm has a fifty day moving average of $22.72 and a 200 day moving average of $22.72.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.114 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.37 annualized dividend and a yield of 6.02%. This is a boost from Invesco BulletShares 2024 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10.

Institutional Investors Weigh In On Invesco BulletShares 2024 High Yield Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Mirador Capital Partners LP lifted its stake 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 purchasing an additional 178,531 shares during the period. Goldman Sachs Group Inc. purchased a new position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the 4th quarter worth $26,454,000. Cetera Investment Advisers bought a new stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the 1st quarter valued at $17,997,000. Cetera Advisors LLC increased its stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 16.3% in the 1st quarter. Cetera Advisors LLC now owns 761,172 shares of the company’s stock worth $17,301,000 after purchasing an additional 106,841 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 2.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 653,884 shares of the company’s stock worth $14,856,000 after purchasing an additional 13,550 shares during the period.

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.