Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sets New 12-Month Low – Here’s What Happened

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS – Get Free Report) reached a new 52-week low during mid-day trading on Friday. The stock traded as low as $21.47 and last traded at $21.49, with a volume of 33048 shares. The stock had previously closed at $21.52.

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

The firm’s fifty day moving average is $21.73 and its 200 day moving average is $21.77.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 21st will be given a $0.1046 dividend. This is a negative change from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1086. This represents a $1.26 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Monday, September 21st.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in BSJS. Commonwealth Equity Services LLC raised its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 42.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 269,085 shares of the company’s stock valued at $5,920,000 after buying an additional 79,548 shares in the last quarter. Intrua Financial LLC bought a new stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the first quarter valued at about $1,206,000. Oder Investment Management LLC raised its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 49.4% in the first quarter. Oder Investment Management LLC now owns 116,076 shares of the company’s stock worth $2,517,000 after purchasing an additional 38,401 shares in the last quarter. Parkway Wealth Management Group LLC raised its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 14.4% in the first quarter. Parkway Wealth Management Group LLC now owns 465,029 shares of the company’s stock worth $10,173,000 after purchasing an additional 58,517 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 29.7% during the first quarter. Cetera Investment Advisers now owns 755,566 shares of the company’s stock worth $16,384,000 after purchasing an additional 172,870 shares during the period.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

(Get Free Report)

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.

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