Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Share Price Break Below Fifty Day Moving Average – Time to Sell?

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT – Get Free Report) shares crossed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $20.82 and traded as low as $20.73. Invesco BulletShares 2029 High Yield Corporate Bond ETF shares last traded at $20.77, with a volume of 77,169 shares.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

The firm’s 50 day moving average price is $20.82 and its two-hundred day moving average price is $21.11.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were issued a dividend of $0.1149 per share. The ex-dividend date was Monday, October 19th. This is a positive change from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1110. This represents a $1.38 annualized dividend and a yield of 6.6%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Claris Financial LLC bought a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the first quarter valued at $65,000. Horizons Wealth Management acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 3rd quarter valued at $74,000. IFP Advisors Inc bought a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 2nd quarter worth about $86,000. Fifth Third Bancorp bought a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 1st quarter worth about $99,000. Finally, Latitude Advisors LLC bought a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 3rd quarter worth about $130,000.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

(Get Free Report)

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.

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