Truist Financial Corp Purchases 35,808 Shares of Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO)

Truist Financial Corp increased its position in Invesco BulletShares 2024 Corporate Bond ETF (NASDAQ:BSCO) by 29.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 157,602 shares of the company’s stock after purchasing an additional 35,808 shares during the period. Truist Financial Corp owned approximately 0.09% of Invesco BulletShares 2024 Corporate Bond ETF worth $3,292,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Buck Wealth Strategies LLC purchased a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF in the third quarter worth approximately $36,000. PSI Advisors LLC lifted its stake in Invesco BulletShares 2024 Corporate Bond ETF by 168.2% during the 4th quarter. PSI Advisors LLC now owns 2,092 shares of the company’s stock valued at $44,000 after acquiring an additional 1,312 shares in the last quarter. BKM Wealth Management LLC purchased a new position in Invesco BulletShares 2024 Corporate Bond ETF during the 4th quarter worth $61,000. Orion Capital Management LLC bought a new stake in shares of Invesco BulletShares 2024 Corporate Bond ETF in the 3rd quarter worth $86,000. Finally, Cary Street Partners Investment Advisory LLC raised its holdings in shares of Invesco BulletShares 2024 Corporate Bond ETF by 27.2% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 4,589 shares of the company’s stock valued at $95,000 after purchasing an additional 982 shares during the last quarter.

Invesco BulletShares 2024 Corporate Bond ETF Stock Performance

Invesco BulletShares 2024 Corporate Bond ETF stock opened at $21.04 on Wednesday. Invesco BulletShares 2024 Corporate Bond ETF has a fifty-two week low of $20.53 and a fifty-two week high of $21.04. The firm’s 50-day simple moving average is $20.99 and its 200 day simple moving average is $20.90.

Invesco BulletShares 2024 Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 26th. Stockholders of record on Tuesday, April 23rd were paid a $0.0604 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date of this dividend was Monday, April 22nd. This is an increase from Invesco BulletShares 2024 Corporate Bond ETF’s previous monthly dividend of $0.04.

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.