Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Hits New 1-Year Low – Here’s Why

Shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) reached a new 52-week low during trading on Tuesday. The company traded as low as $21.36 and last traded at $21.3850, with a volume of 24,342 shares. The stock had previously closed at $21.52.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Up 0.1%

The business’s 50 day moving average price is $21.64 and its two-hundred day moving average price is $21.74.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 23rd. Investors of record on Monday, October 19th will be given a dividend of $0.1056 per share. The ex-dividend date is Monday, October 19th. This represents a $1.27 dividend on an annualized basis and a yield of 5.9%. This is a positive change from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1046.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mirador Capital Partners LP bought a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the third quarter worth $29,692,000. Collective Family Office LLC bought a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 3rd quarter valued at $5,910,000. Kinetic Wealth Investment Advisors LLC bought a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 2nd quarter valued at $3,974,000. Cetera Investment Advisers lifted its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 29.7% in the 1st quarter. Cetera Investment Advisers now owns 755,566 shares of the company’s stock valued at $16,384,000 after acquiring an additional 172,870 shares during the last quarter. Finally, Ironwood Financial llc acquired a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 3rd quarter valued at $1,886,000.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

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.