Kestra Private Wealth Services LLC Buys 962,531 Shares of Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO)

Kestra Private Wealth Services LLC boosted its stake in Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) by 521.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,147,234 shares of the company’s stock after acquiring an additional 962,531 shares during the quarter. Invesco BulletShares 2024 Corporate Bond ETF accounts for 0.6% of Kestra Private Wealth Services LLC’s portfolio, making the stock its 24th largest position. Kestra Private Wealth Services LLC owned approximately 0.62% of Invesco BulletShares 2024 Corporate Bond ETF worth $23,960,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its position in shares of Invesco BulletShares 2024 Corporate Bond ETF by 14.7% during the third quarter. Commonwealth Equity Services LLC now owns 1,050,058 shares of the company’s stock worth $21,705,000 after buying an additional 134,961 shares during the period. Sheets Smith Wealth Management acquired a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF in the third quarter valued at approximately $148,000. Colton Groome Financial Advisors LLC raised its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF by 3.1% in the third quarter. Colton Groome Financial Advisors LLC now owns 154,616 shares of the company’s stock valued at $3,196,000 after purchasing an additional 4,645 shares during the last quarter. Sentinel Pension Advisors Inc. lifted its position in shares of Invesco BulletShares 2024 Corporate Bond ETF by 2.2% in the third quarter. Sentinel Pension Advisors Inc. now owns 655,260 shares of the company’s stock worth $13,544,000 after purchasing an additional 13,833 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in Invesco BulletShares 2024 Corporate Bond ETF by 5.8% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 686,008 shares of the company’s stock valued at $14,180,000 after purchasing an additional 37,755 shares in the last quarter.

Invesco BulletShares 2024 Corporate Bond ETF Stock Performance

BSCO stock remained flat at $21.00 during midday trading on Monday. 464,366 shares of the company’s stock traded hands, compared to its average volume of 1,012,223. The business has a fifty day moving average price of $20.97 and a two-hundred day moving average price of $20.89. 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 business also recently declared a monthly dividend, which was paid on Friday, April 26th. Investors of record on Tuesday, April 23rd were given a dividend of $0.0604 per share. The ex-dividend date was Monday, April 22nd. This is a boost from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.04. This represents a $0.72 annualized dividend and a yield of 3.45%.

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.