Webster Bank N. A. Reduces Stock Position in Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO)

Webster Bank N. A. reduced its position in shares of Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) by 0.2% in the first quarter, HoldingsChannel.com reports. The firm owned 492,766 shares of the company’s stock after selling 1,152 shares during the period. Invesco BulletShares 2024 Corporate Bond ETF comprises 1.2% of Webster Bank N. A.’s investment portfolio, making the stock its 20th largest position. Webster Bank N. A.’s holdings in Invesco BulletShares 2024 Corporate Bond ETF were worth $10,333,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Savant Capital LLC lifted its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 17.1% in the fourth quarter. Savant Capital LLC now owns 78,918 shares of the company’s stock worth $1,648,000 after buying an additional 11,546 shares during the period. Masso Torrence Wealth Management Inc. lifted its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 8.3% in the fourth quarter. Masso Torrence Wealth Management Inc. now owns 70,351 shares of the company’s stock worth $1,469,000 after buying an additional 5,400 shares during the period. Atria Wealth Solutions Inc. lifted its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 13.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 489,791 shares of the company’s stock worth $10,229,000 after buying an additional 57,000 shares during the period. SNS Financial Group LLC lifted its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 4.3% in the fourth quarter. SNS Financial Group LLC now owns 926,910 shares of the company’s stock worth $19,359,000 after buying an additional 38,224 shares during the period. Finally, Kessler Investment Group LLC lifted its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 6.3% in the fourth quarter. Kessler Investment Group LLC now owns 40,595 shares of the company’s stock worth $848,000 after buying an additional 2,391 shares during the period.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

Shares of NASDAQ BSCO traded up $0.02 on Friday, reaching $21.06. 685,001 shares of the company’s stock traded hands, compared to its average volume of 898,498. Invesco BulletShares 2024 Corporate Bond ETF has a 12 month low of $20.55 and a 12 month high of $21.11. The business’s 50 day simple moving average is $21.04 and its two-hundred day simple moving average is $20.97.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a dividend of $0.0699 per share. This is an increase from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.84 dividend on an annualized basis and a dividend 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.