Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) Trading Down 0.1% – Should You Sell?

Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) dropped 0.1% during trading on Thursday . The stock traded as low as $21.12 and last traded at $21.12. Approximately 4,284,500 shares changed hands during mid-day trading, an increase of 386% from the average daily volume of 881,678 shares. The stock had previously closed at $21.15.

Invesco BulletShares 2024 Corporate Bond ETF Stock Performance

The stock has a 50-day moving average price of $21.13 and a two-hundred day moving average price of $21.11.

Invesco BulletShares 2024 Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 17th. Stockholders of record on Friday, December 13th were paid a $0.0405 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BSCO. Wulff Hansen & CO. raised its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 2,006.0% during the second quarter. Wulff Hansen & CO. now owns 373,289 shares of the company’s stock valued at $7,861,000 after acquiring an additional 355,564 shares during the period. Bank of Montreal Can bought a new position in Invesco BulletShares 2024 Corporate Bond ETF in the 3rd quarter worth approximately $4,317,000. SYM FINANCIAL Corp bought a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF during the third quarter valued at approximately $3,780,000. EP Wealth Advisors LLC boosted its position in shares of Invesco BulletShares 2024 Corporate Bond ETF by 371.8% during the third quarter. EP Wealth Advisors LLC now owns 174,763 shares of the company’s stock worth $3,691,000 after acquiring an additional 137,718 shares during the last quarter. Finally, TruWealth Advisors LLC increased its holdings in Invesco BulletShares 2024 Corporate Bond ETF by 3.2% in the 3rd quarter. TruWealth Advisors LLC now owns 4,046,441 shares of the company’s stock valued at $85,461,000 after acquiring an additional 125,888 shares during the last quarter.

Invesco BulletShares 2024 Corporate Bond ETF Company Profile

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.