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

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) shares saw an uptick in trading volume on Monday . 163,327 shares changed hands during trading, an increase of 6% from the previous session’s volume of 153,699 shares.The stock last traded at $21.07 and had previously closed at $21.17.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

The firm’s 50 day moving average is $21.17 and its two-hundred day moving average is $21.27.

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. Shareholders of record on Monday, June 22nd were issued a dividend of $0.1098 per share. The ex-dividend date was Monday, June 22nd. This represents a c) annualized dividend and a yield of 6.3%.

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

Several large investors have recently made changes to their positions in the stock. LPL Financial LLC increased its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.2% during the 4th quarter. LPL Financial LLC now owns 2,444,246 shares of the company’s stock worth $52,576,000 after purchasing an additional 163,307 shares in the last quarter. Legacy Financial Group LLC increased its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 12.7% during the fourth quarter. Legacy Financial Group LLC now owns 820,334 shares of the company’s stock worth $17,596,000 after buying an additional 92,674 shares during the last quarter. Equitable Holdings Inc. increased its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 5.2% during the 3rd quarter. Equitable Holdings Inc. now owns 625,312 shares of the company’s stock worth $13,488,000 after purchasing an additional 30,815 shares during the last quarter. Wells Fargo & Company MN raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 62.0% in the fourth quarter. Wells Fargo & Company MN now owns 594,865 shares of the company’s stock valued at $12,796,000 after buying an additional 227,750 shares during the period. Finally, Cetera Investment Advisers lifted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 45.7% during the 1st quarter. Cetera Investment Advisers now owns 580,655 shares of the company’s stock valued at $12,214,000 after purchasing an additional 182,107 shares during the last quarter.

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.