Kovack Advisors Inc. Makes New Investment in Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO)

Kovack Advisors Inc. bought a new stake in Invesco BulletShares 2024 High Yield Corporate Bond ETF (NASDAQ:BSJO) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 26,160 shares of the company’s stock, valued at approximately $594,000. Kovack Advisors Inc. owned about 0.12% of Invesco BulletShares 2024 High Yield Corporate Bond ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Cetera Investment Advisers bought a new position in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF in the first quarter worth about $17,997,000. Delta Investment Management LLC raised its position in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 160.8% in the 2nd quarter. Delta Investment Management LLC now owns 297,060 shares of the company’s stock worth $6,749,000 after purchasing an additional 183,155 shares during the last quarter. Cetera Advisors LLC lifted its holdings in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 16.3% during the 1st quarter. Cetera Advisors LLC now owns 761,172 shares of the company’s stock worth $17,301,000 after buying an additional 106,841 shares in the last quarter. Evexia Wealth LLC boosted its position in Invesco BulletShares 2024 High Yield Corporate Bond ETF by 105.2% in the 2nd quarter. Evexia Wealth LLC now owns 119,541 shares of the company’s stock valued at $2,704,000 after buying an additional 61,290 shares during the last quarter. Finally, Tyler Stone Wealth Management increased its stake in shares of Invesco BulletShares 2024 High Yield Corporate Bond ETF by 79.6% in the 3rd quarter. Tyler Stone Wealth Management now owns 134,845 shares of the company’s stock valued at $3,064,000 after buying an additional 59,759 shares during the period.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Stock Up 0.0 %

Shares of BSJO opened at $22.69 on Friday. The stock’s fifty day simple moving average is $22.70 and its 200-day simple moving average is $22.71. Invesco BulletShares 2024 High Yield Corporate Bond ETF has a 12-month low of $22.47 and a 12-month high of $22.93.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 25th. Stockholders of record on Monday, October 21st were paid a $0.11 dividend. This represents a $1.32 annualized dividend and a dividend yield of 5.82%. The ex-dividend date of this dividend was Monday, October 21st.

Invesco BulletShares 2024 High Yield Corporate Bond ETF Company Profile

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.