Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) Reaches New 12-Month Low – Here’s Why

Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ)’s share price reached a new 52-week low during trading on Friday . The company traded as low as $22.82 and last traded at $22.9050, with a volume of 6356 shares traded. The stock had previously closed at $22.90.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Price Performance

The stock’s fifty day simple moving average is $22.91 and its 200-day simple moving average is $23.05.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a dividend of $0.0784 per share. The ex-dividend date was Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

Hedge Funds Weigh In On Invesco BulletShares 2026 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Parkway Wealth Management Group LLC boosted its holdings in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 13.2% in the 1st quarter. Parkway Wealth Management Group LLC now owns 438,485 shares of the company’s stock valued at $10,193,000 after purchasing an additional 51,104 shares during the last quarter. Independent Financial Group LLC acquired a new stake in Invesco BulletShares 2026 High Yield Corporate Bond ETF during the first quarter worth about $539,000. TFR Capital LLC. purchased a new position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF in the 1st quarter worth about $2,481,000. Kestra Advisory Services LLC raised its holdings in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 63.9% in the 1st quarter. Kestra Advisory Services LLC now owns 144,033 shares of the company’s stock worth $3,338,000 after purchasing an additional 56,132 shares during the period. Finally, Global Assets Advisory LLC acquired a new position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF in the 1st quarter valued at about $731,000.

About Invesco BulletShares 2026 High Yield Corporate Bond ETF

The Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) 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 2026. BSJQ was launched on Aug 9, 2018 and is managed by Invesco.