Stablepoint Partners LLC Lowers Stock Position in Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO)

Stablepoint Partners LLC cut its stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) by 17.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 29,816 shares of the company’s stock after selling 6,186 shares during the quarter. Stablepoint Partners LLC owned about 0.13% of Invesco BulletShares 2024 High Yield Corporate Bond ETF worth $677,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. GAMMA Investing LLC purchased a new stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the 2nd quarter worth about $39,000. Unique Wealth Strategies LLC bought a new stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF during the second quarter valued at about $63,000. Hobbs Group Advisors LLC acquired a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF in the second quarter worth approximately $78,000. Larson Financial Group LLC boosted its holdings in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 11.2% during the first quarter. Larson Financial Group LLC now owns 6,170 shares of the company’s stock worth $140,000 after buying an additional 620 shares in the last quarter. Finally, CRA Financial Services LLC purchased a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF during the second quarter valued at about $265,000.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ BSJO opened at $22.71 on Tuesday. 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 business’s 50-day moving average price is $22.71 and its two-hundred day moving average price is $22.72.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.114 per share. This is a positive change from Invesco BulletShares 2024 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, September 23rd. This represents a $1.37 annualized dividend and a dividend yield of 6.02%.

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.