Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) Sees Large Volume Increase

Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) shares saw unusually-high trading volume on Friday . Approximately 548,365 shares traded hands during trading, an increase of 183% from the previous session’s volume of 193,717 shares.The stock last traded at $22.75 and had previously closed at $22.74.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Price Performance

The company’s 50 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 Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 26th. Investors of record on Monday, July 22nd were given a $0.105 dividend. This represents a $1.26 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date was Monday, July 22nd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mirador Capital Partners LP raised 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 purchasing an additional 178,531 shares during the period. UBS Group AG raised its holdings in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 27.0% during the 4th quarter. UBS Group AG now owns 1,642,120 shares of the company’s stock worth $37,301,000 after buying an additional 349,604 shares during the period. Goldman Sachs Group Inc. bought a new position in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $26,454,000. Wells Fargo & Company MN boosted its holdings in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 4.0% in the fourth quarter. Wells Fargo & Company MN now owns 826,793 shares of the company’s stock valued at $18,781,000 after buying an additional 32,110 shares during the period. Finally, Cetera Investment Advisers bought a new stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the first quarter worth $17,997,000.

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.