Invesco BulletShares 2029 High Yield Corporate Bond ETF Plans Monthly Dividend of $0.12 (NASDAQ:BSJT)

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) announced a monthly dividend on Monday, January 19th. Shareholders of record on Tuesday, January 20th will be given a dividend of 0.1155 per share on Friday, January 23rd. This represents a c) annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend is Tuesday, January 20th.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Up 0.1%

NASDAQ:BSJT traded up $0.02 during trading hours on Monday, hitting $21.65. The stock had a trading volume of 126,752 shares, compared to its average volume of 217,459. The company has a 50 day simple moving average of $21.52 and a two-hundred day simple moving average of $21.51. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a one year low of $19.95 and a one year high of $21.89.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Equitable Holdings Inc. boosted its position 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 valued at $13,488,000 after acquiring an additional 30,815 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 31.7% in the third quarter. Mercer Global Advisors Inc. ADV now owns 460,818 shares of the company’s stock valued at $9,940,000 after purchasing an additional 110,786 shares in the last quarter. Modern Wealth Management LLC raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 10.0% in the third quarter. Modern Wealth Management LLC now owns 390,963 shares of the company’s stock valued at $8,433,000 after purchasing an additional 35,403 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.4% during the second quarter. Envestnet Asset Management Inc. now owns 379,932 shares of the company’s stock valued at $8,176,000 after purchasing an additional 8,744 shares during the last quarter. Finally, Kaye Capital Management grew its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 151.9% in the 2nd quarter. Kaye Capital Management now owns 355,560 shares of the company’s stock worth $7,652,000 after buying an additional 214,407 shares in 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.