Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Sees Strong Trading Volume

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) saw unusually-strong trading volume on Tuesday . Approximately 331,972 shares traded hands during trading, an increase of 74% from the previous session’s volume of 191,298 shares.The stock last traded at $22.78 and had previously closed at $22.77.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Stock Performance

The stock’s 50-day moving average is $22.70 and its two-hundred day moving average is $22.72.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were issued a $0.103 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 5.43%. The ex-dividend date was Monday, August 19th.

Institutional Trading of Invesco BulletShares 2024 High Yield Corporate Bond ETF

Hedge funds have recently modified their holdings of the stock. Advisory Alpha LLC raised its position in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 6.5% in the 2nd quarter. Advisory Alpha LLC now owns 350,920 shares of the company’s stock valued at $7,973,000 after purchasing an additional 21,359 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 4.0% in the 2nd quarter. NewEdge Advisors LLC now owns 55,435 shares of the company’s stock valued at $1,259,000 after purchasing an additional 2,128 shares in the last quarter. Straight Path Wealth Management lifted its position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 15.5% during the 2nd quarter. Straight Path Wealth Management now owns 16,358 shares of the company’s stock worth $372,000 after purchasing an additional 2,190 shares during the last quarter. Delta Investment Management LLC grew its stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 160.8% during the second quarter. Delta Investment Management LLC now owns 297,060 shares of the company’s stock worth $6,749,000 after purchasing an additional 183,155 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 23.0% in the second quarter. Thrivent Financial for Lutherans now owns 180,555 shares of the company’s stock valued at $4,102,000 after buying an additional 33,772 shares during the last quarter.

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.