Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Strong Trading Volume – Time to Buy?

Shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw unusually-high trading volume on Thursday . Approximately 204,010 shares were traded during mid-day trading, an increase of 26% from the previous session’s volume of 161,989 shares.The stock last traded at $21.76 and had previously closed at $21.78.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

The business has a 50-day simple moving average of $21.78 and a two-hundred day simple moving average of $21.92.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a $0.1124 dividend. This represents a c) dividend on an annualized basis and a yield of 6.2%. This is a positive change from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, May 18th.

Hedge Funds Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BSJS. Royal Bank of Canada boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.0% in the first quarter. Royal Bank of Canada now owns 190,363 shares of the company’s stock worth $4,119,000 after purchasing an additional 12,396 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.8% in the first quarter. NewEdge Advisors LLC now owns 61,296 shares of the company’s stock worth $1,326,000 after purchasing an additional 4,439 shares in the last quarter. Invesco Ltd. boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 29.1% in the second quarter. Invesco Ltd. now owns 124,113 shares of the company’s stock worth $2,737,000 after purchasing an additional 27,993 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 5.5% in the second quarter. Ameriprise Financial Inc. now owns 209,104 shares of the company’s stock worth $4,611,000 after purchasing an additional 10,940 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 34.8% in the second quarter. Bank of America Corp DE now owns 91,342 shares of the company’s stock worth $2,014,000 after purchasing an additional 23,566 shares in the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.