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 strong trading volume on Wednesday . Approximately 261,198 shares changed hands during trading, an increase of 67% from the previous session’s volume of 155,945 shares.The stock last traded at $21.20 and had previously closed at $21.17.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Up 0.0%

The stock has a 50 day moving average of $21.14 and a two-hundred day moving average of $21.21.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were issued a dividend of $0.1137 per share. This represents a c) annualized dividend and a yield of 6.4%. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, July 20th.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of BSJT. Avior Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 2nd quarter worth about $8,444,000. IHT Wealth Management LLC acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 4th quarter valued at approximately $7,940,000. Banta Asset Management LP bought a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 4th quarter worth approximately $6,561,000. Wells Fargo & Company MN increased its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 62.0% in the 4th quarter. Wells Fargo & Company MN now owns 594,865 shares of the company’s stock worth $12,796,000 after buying an additional 227,750 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 106.3% during the fourth quarter. Cetera Investment Advisers now owns 398,548 shares of the company’s stock worth $8,573,000 after buying an additional 205,320 shares during the last quarter.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

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.