Migdal Insurance & Financial Holdings Ltd. Cuts Stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO)

Migdal Insurance & Financial Holdings Ltd. cut its holdings in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) by 42.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,220 shares of the company’s stock after selling 890 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in Invesco BulletShares 2024 High Yield Corporate Bond ETF were worth $28,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BSJO. Cetera Investment Advisers acquired a new stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF in the first quarter valued at $17,997,000. Cetera Advisors LLC raised its position in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 16.3% in the 1st quarter. Cetera Advisors LLC now owns 761,172 shares of the company’s stock valued at $17,301,000 after purchasing an additional 106,841 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of 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 valued at $14,856,000 after buying an additional 13,550 shares during the period. CWM LLC boosted its stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 0.5% in the 3rd quarter. CWM LLC now owns 441,953 shares of the company’s stock valued at $10,041,000 after buying an additional 2,141 shares during the period. Finally, Advisory Alpha LLC increased its stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 6.5% during the second quarter. Advisory Alpha LLC now owns 350,920 shares of the company’s stock worth $7,973,000 after buying an additional 21,359 shares during the period.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Trading Up 0.1 %

Shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF stock opened at $22.68 on Monday. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a 52-week low of $22.47 and a 52-week high of $22.93. The company has a 50 day moving average of $22.70 and a 200 day moving average of $22.71.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were given a dividend of $0.11 per share. The ex-dividend date was Monday, October 21st. This represents a $1.32 annualized dividend and a dividend yield of 5.82%.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Profile

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.