Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Large Volume Increase Following Dividend Announcement

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw strong trading volume on Monday after the company announced a dividend. Approximately 154,181 shares were traded during mid-day trading, a decline of 3% from the previous session’s volume of 158,502 shares.The stock last traded at $21.72 and had previously closed at $21.82.

The newly announced dividend which will be paid on Friday, July 24th. Stockholders of record on Monday, July 20th will be paid a $0.1088 dividend. This is a boost from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous dividend of $0.11. The ex-dividend date is Monday, July 20th.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

The firm’s 50-day moving average price is $21.79 and its 200 day moving average price is $21.86.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada lifted its holdings in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.0% in the 1st 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 during the last quarter. NewEdge Advisors LLC grew its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.8% during the 1st quarter. NewEdge Advisors LLC now owns 61,296 shares of the company’s stock worth $1,326,000 after buying an additional 4,439 shares during the last quarter. Invesco Ltd. grew its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 29.1% during the 2nd quarter. Invesco Ltd. now owns 124,113 shares of the company’s stock worth $2,737,000 after buying an additional 27,993 shares during the last quarter. Ameriprise Financial Inc. increased its position 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 buying an additional 10,940 shares during the period. Finally, Bank of America Corp DE increased its position 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 buying an additional 23,566 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.