HM Payson & Co. Sells 41,264 Shares of Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO)

HM Payson & Co. cut its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) by 23.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 136,876 shares of the company’s stock after selling 41,264 shares during the period. HM Payson & Co. owned approximately 0.09% of Invesco BulletShares 2024 Corporate Bond ETF worth $2,870,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Cetera Advisors LLC lifted its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 74.1% during the first quarter. Cetera Advisors LLC now owns 114,041 shares of the company’s stock worth $2,391,000 after acquiring an additional 48,541 shares in the last quarter. Cetera Investment Advisers bought a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF in the first quarter valued at about $5,986,000. Jaffetilchin Investment Partners LLC bought a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF in the first quarter valued at about $16,984,000. Waverly Advisors LLC lifted its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF by 3.7% in the first quarter. Waverly Advisors LLC now owns 276,505 shares of the company’s stock valued at $5,798,000 after purchasing an additional 9,957 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF by 2.4% in the first quarter. Kestra Advisory Services LLC now owns 594,656 shares of the company’s stock valued at $12,470,000 after purchasing an additional 13,838 shares in the last quarter.

Invesco BulletShares 2024 Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2024 Corporate Bond ETF stock traded up $0.02 during trading on Friday, reaching $21.10. The stock had a trading volume of 853,846 shares, compared to its average volume of 874,946. The stock has a fifty day moving average price of $21.07 and a two-hundred day moving average price of $21.01. Invesco BulletShares 2024 Corporate Bond ETF has a 52 week low of $20.61 and a 52 week high of $21.14.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 26th. Stockholders of record on Monday, July 22nd were issued a $0.076 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 4.32%. This is a positive change from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Monday, July 22nd.

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.