Sax Wealth Advisors LLC Takes $551,000 Position in Invesco BulletShares 2029 High Yield Corporate Bond ETF $BSJT

Sax Wealth Advisors LLC purchased a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,600 shares of the company’s stock, valued at approximately $551,000. Sax Wealth Advisors LLC owned approximately 0.14% of Invesco BulletShares 2029 High Yield Corporate Bond ETF at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Modern Wealth Management LLC bought a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 2nd quarter worth approximately $7,652,000. Captrust Financial Advisors purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 3rd quarter valued at $2,448,000. Mercer Global Advisors Inc. ADV grew its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 31.7% during the 3rd 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. Osaic Holdings Inc. increased its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 60.8% in the second quarter. Osaic Holdings Inc. now owns 283,742 shares of the company’s stock worth $6,106,000 after purchasing an additional 107,296 shares during the period. Finally, UBS Group AG increased its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 68.5% in the third quarter. UBS Group AG now owns 209,400 shares of the company’s stock worth $4,517,000 after purchasing an additional 85,124 shares during the period.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Down 0.3%

Shares of BSJT stock opened at $20.80 on Friday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 52-week low of $19.95 and a 52-week high of $21.75. The business’s fifty day moving average is $21.31 and its 200 day moving average is $21.45.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were issued a $0.1112 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a c) annualized dividend and a dividend yield of 6.4%.

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.