Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Large Volume Increase – Here’s Why

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) shares saw an uptick in trading volume on Tuesday . 158,374 shares were traded during mid-day trading, an increase of 5% from the previous session’s volume of 151,077 shares.The stock last traded at $21.14 and had previously closed at $21.18.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Down 0.1%

The stock’s 50-day simple moving average is $21.19 and its 200 day simple moving average is $21.29.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.1098 per share. The ex-dividend date was Monday, June 22nd. This represents a c) annualized dividend and a dividend yield of 6.2%.

Institutional Investors Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Several large investors have recently added to or reduced their stakes in BSJT. Private Trust Co. NA lifted its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 328.7% in the fourth quarter. Private Trust Co. NA now owns 1,925 shares of the company’s stock valued at $41,000 after buying an additional 1,476 shares during the period. Anchor Investment Management LLC grew its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 465.1% during the 3rd quarter. Anchor Investment Management LLC now owns 2,430 shares of the company’s stock worth $52,000 after buying an additional 2,000 shares during the period. Claris Financial LLC bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 1st quarter valued at $65,000. Fifth Third Bancorp bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 1st quarter valued at $99,000. Finally, Comerica Bank lifted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 573.1% during the 4th quarter. Comerica Bank now owns 4,698 shares of the company’s stock valued at $101,000 after acquiring an additional 4,000 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.