Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Unusually-High Trading Volume – Time to Buy?

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) shares saw an uptick in trading volume on Monday . 154,181 shares traded hands 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.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

The company’s 50 day simple moving average is $21.80 and its two-hundred day simple moving average is $21.87.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.1092 per share. This is a boost from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 6.0%.

Hedge Funds Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several institutional investors have recently bought and sold shares of the business. Howard Wealth Management LLC lifted its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 43.7% during the 4th quarter. Howard Wealth Management LLC now owns 171,482 shares of the company’s stock valued at $3,773,000 after purchasing an additional 52,163 shares during the period. GPM Growth Investors Inc. grew its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 17.2% during the 4th quarter. GPM Growth Investors Inc. now owns 252,872 shares of the company’s stock worth $5,563,000 after buying an additional 37,174 shares during the period. Commonwealth Equity Services LLC raised its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 42.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 269,085 shares of the company’s stock worth $5,920,000 after buying an additional 79,548 shares during the last quarter. Banta Asset Management LP acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $6,989,000. Finally, Leo Wealth LLC bought a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $8,397,000.

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.