Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Strong Trading Volume – Time to Buy?
by Mitch Edgeman · The Markets DailyInvesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT – Get Free Report) shares saw strong trading volume on Monday . Approximately 163,327 shares were traded during trading, an increase of 6% from the previous session’s volume of 153,699 shares.The stock last traded at $21.07 and had previously closed at $21.17.
Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance
The firm’s 50 day moving average price is $21.17 and its 200-day moving average price is $21.27.
Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend
The business also recently declared a monthly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a $0.1098 dividend. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date was Monday, June 22nd.
Institutional Investors Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF
A number of institutional investors have recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.2% in the fourth quarter. LPL Financial LLC now owns 2,444,246 shares of the company’s stock valued at $52,576,000 after purchasing an additional 163,307 shares in the last quarter. Legacy Financial Group LLC boosted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 12.7% during the fourth quarter. Legacy Financial Group LLC now owns 820,334 shares of the company’s stock valued at $17,596,000 after purchasing an additional 92,674 shares in the last quarter. Equitable Holdings Inc. grew its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 5.2% in the 3rd quarter. Equitable Holdings Inc. now owns 625,312 shares of the company’s stock valued at $13,488,000 after purchasing an additional 30,815 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 62.0% in the 4th quarter. Wells Fargo & Company MN now owns 594,865 shares of the company’s stock worth $12,796,000 after buying an additional 227,750 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 45.7% during the 1st quarter. Cetera Investment Advisers now owns 580,655 shares of the company’s stock worth $12,214,000 after buying an additional 182,107 shares during the period.
Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile
The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of high-yield corporate bonds with effective maturities in 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.
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