Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) saw unusually-strong trading volume on Tuesday . Approximately 416,363 shares traded hands during mid-day trading, an increase of 71% from the previous session’s volume of 243,281 shares.The stock last traded at $23.0350 and had previously closed at $23.03.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Stock Performance

The stock has a 50-day moving average price of $23.07 and a two-hundred day moving average price of $23.07.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Monday, November 24th will be paid a dividend of $0.0776 per share. The ex-dividend date is Monday, November 24th. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%.

Hedge Funds Weigh In On Invesco BulletShares 2025 High Yield Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC increased its holdings in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 6.2% in the 3rd quarter. NewEdge Advisors LLC now owns 68,510 shares of the company’s stock valued at $1,580,000 after acquiring an additional 4,018 shares during the last quarter. United Capital Financial Advisors LLC grew its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 1.2% in the 3rd quarter. United Capital Financial Advisors LLC now owns 538,379 shares of the company’s stock worth $12,415,000 after buying an additional 6,367 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 13.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 4,456 shares of the company’s stock worth $103,000 after buying an additional 540 shares during the last quarter. Mariner LLC grew its position in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 72.9% in the third quarter. Mariner LLC now owns 22,531 shares of the company’s stock worth $520,000 after acquiring an additional 9,502 shares in the last quarter. Finally, Lido Advisors LLC increased its stake in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 0.6% during the third quarter. Lido Advisors LLC now owns 108,974 shares of the company’s stock worth $2,513,000 after acquiring an additional 620 shares during the last quarter.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) 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 2025. BSJP was launched on Sep 27, 2017 and is managed by Invesco.