Asset Dedication LLC Reduces Stock Holdings in Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO)

Asset Dedication LLC reduced its stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) by 30.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 349,850 shares of the company’s stock after selling 150,327 shares during the period. Asset Dedication LLC owned approximately 1.55% of Invesco BulletShares 2024 High Yield Corporate Bond ETF worth $7,949,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Mirador Capital Partners LP grew its position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 5.3% during the first quarter. Mirador Capital Partners LP now owns 3,560,590 shares of the company’s stock worth $80,932,000 after acquiring an additional 178,531 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the 4th quarter worth about $26,454,000. Cetera Investment Advisers acquired a new stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the first quarter worth approximately $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 first quarter. Cetera Advisors LLC now owns 761,172 shares of the company’s stock worth $17,301,000 after acquiring an additional 106,841 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position 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 last quarter.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Stock Performance

Invesco BulletShares 2024 High Yield Corporate Bond ETF stock opened at $22.71 on Wednesday. The firm’s fifty day simple moving average is $22.71 and its 200-day simple moving average is $22.72. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a 1-year low of $22.32 and a 1-year high of $22.93.

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 paid a dividend of $0.114 per share. This is a boost from Invesco BulletShares 2024 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10. This represents a $1.37 annualized dividend and a yield of 6.02%. The ex-dividend date was Monday, September 23rd.

About Invesco BulletShares 2024 High Yield Corporate Bond ETF

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.