Hobbs Group Advisors LLC Buys Shares of 3,445 Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO)

Hobbs Group Advisors LLC bought a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) during the second quarter, Holdings Channel.com reports. The firm bought 3,445 shares of the company’s stock, valued at approximately $78,000.

A number of other hedge funds have also recently added to or reduced their stakes in BSJO. Goldman Sachs Group Inc. acquired a new position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the fourth quarter worth $26,454,000. Cetera Investment Advisers bought a new position in Invesco BulletShares 2024 High Yield Corporate Bond ETF during the first quarter worth $17,997,000. Milestone Asset Management LLC raised its stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 1,759.7% during the first quarter. Milestone Asset Management LLC now owns 486,011 shares of the company’s stock worth $11,047,000 after buying an additional 459,877 shares during the last quarter. UBS Group AG raised its stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 27.0% during the fourth 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 last quarter. Finally, Mirador Capital Partners LP raised its stake in 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 buying an additional 178,531 shares during the last quarter.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Price Performance

NASDAQ BSJO traded down $0.02 during mid-day trading on Tuesday, reaching $22.65. 699,343 shares of the stock were exchanged, compared to its average volume of 197,447. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a one year low of $22.32 and a one year high of $22.93. The stock has a 50 day simple moving average of $22.71 and a 200-day simple moving average of $22.72.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 23rd. Shareholders of record on Monday, August 19th will be paid a $0.103 dividend. This represents a $1.24 annualized dividend and a yield of 5.46%. The ex-dividend date of this dividend is Monday, August 19th.

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.