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

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) shares saw an uptick in trading volume on Tuesday . 321,763 shares changed hands during trading, an increase of 109% from the previous session’s volume of 153,821 shares.The stock last traded at $21.62 and had previously closed at $21.62.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Trading Up 0.0%

The business has a fifty day moving average price of $21.75 and a 200-day moving average price of $21.78.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be issued a dividend of $0.1046 per share. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Monday, September 21st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BSJS. Cetera Investment Advisers lifted its holdings in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 29.7% during the first quarter. Cetera Investment Advisers now owns 755,566 shares of the company’s stock worth $16,384,000 after buying an additional 172,870 shares in the last quarter. Mirador Capital Partners LP boosted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 2,308.3% in the second quarter. Mirador Capital Partners LP now owns 560,921 shares of the company’s stock valued at $12,197,000 after acquiring an additional 537,630 shares during the period. Parkway Wealth Management Group LLC grew its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 14.4% in the first quarter. Parkway Wealth Management Group LLC now owns 465,029 shares of the company’s stock valued at $10,173,000 after acquiring an additional 58,517 shares in the last quarter. SFE Investment Counsel grew its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 1.1% in the first quarter. SFE Investment Counsel now owns 384,000 shares of the company’s stock valued at $8,327,000 after acquiring an additional 4,364 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 42.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 269,085 shares of the company’s stock worth $5,920,000 after acquiring an additional 79,548 shares during the period.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

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.