Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Unusually-High Trading Volume – What’s Next?

Shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw unusually-strong trading volume on Tuesday . Approximately 156,356 shares changed hands during trading, an increase of 3% from the previous session’s volume of 152,056 shares.The stock last traded at $21.02 and had previously closed at $21.01.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Down 0.2%

The stock has a 50 day moving average price of $21.15 and a two-hundred day moving average price of $21.24.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were issued a dividend of $0.1137 per share. The ex-dividend date of this dividend was Monday, July 20th. This represents a c) dividend on an annualized basis and a yield of 6.5%. This is an increase from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11.

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

A number of institutional investors have recently modified their holdings of BSJT. Compound Planning Inc. lifted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.2% during the first quarter. Compound Planning Inc. now owns 52,446 shares of the company’s stock worth $1,103,000 after purchasing an additional 611 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 11,927 shares of the company’s stock valued at $235,000 after purchasing an additional 776 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.3% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 35,155 shares of the company’s stock valued at $756,000 after purchasing an additional 795 shares in the last quarter. NewEdge Advisors LLC raised its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.3% in the 4th quarter. NewEdge Advisors LLC now owns 65,905 shares of the company’s stock worth $1,418,000 after purchasing an additional 871 shares during the last quarter. Finally, HUB Investment Partners LLC raised its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.5% in the 2nd quarter. HUB Investment Partners LLC now owns 37,963 shares of the company’s stock worth $817,000 after purchasing an additional 920 shares during 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.