Red Spruce Capital LLC Lowers Stock Holdings in Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO)

Red Spruce Capital LLC reduced its stake in Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) by 2.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,707 shares of the company’s stock after selling 2,942 shares during the period. Invesco BulletShares 2024 Corporate Bond ETF accounts for 1.3% of Red Spruce Capital LLC’s holdings, making the stock its 23rd biggest holding. Red Spruce Capital LLC owned about 0.11% of Invesco BulletShares 2024 Corporate Bond ETF worth $2,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Sensible Money LLC increased its stake in shares of Invesco BulletShares 2024 Corporate Bond ETF by 1.4% during the second quarter. Sensible Money LLC now owns 42,012 shares of the company’s stock valued at $885,000 after buying an additional 570 shares during the period. Sanctuary Advisors LLC purchased a new position in Invesco BulletShares 2024 Corporate Bond ETF during the 2nd quarter valued at about $2,136,000. NewEdge Advisors LLC raised its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF by 4.6% in the 2nd quarter. NewEdge Advisors LLC now owns 236,435 shares of the company’s stock valued at $4,979,000 after purchasing an additional 10,424 shares in the last quarter. Straight Path Wealth Management lifted its position in shares of Invesco BulletShares 2024 Corporate Bond ETF by 5.2% in the 2nd quarter. Straight Path Wealth Management now owns 260,109 shares of the company’s stock worth $5,478,000 after purchasing an additional 12,815 shares during the period. Finally, Delta Investment Management LLC lifted its position in shares of Invesco BulletShares 2024 Corporate Bond ETF by 65.4% in the 2nd quarter. Delta Investment Management LLC now owns 165,610 shares of the company’s stock worth $3,488,000 after purchasing an additional 65,492 shares during the period.

Invesco BulletShares 2024 Corporate Bond ETF Price Performance

BSCO stock remained flat at $21.13 during trading on Friday. 293,774 shares of the company traded hands, compared to its average volume of 806,406. Invesco BulletShares 2024 Corporate Bond ETF has a 12 month low of $20.68 and a 12 month high of $21.18. The stock’s 50-day moving average price is $21.11 and its two-hundred day moving average price is $21.06.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a $0.08 dividend. The ex-dividend date was Monday, September 23rd. This is an increase from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.54%.

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.