Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Unusually-High Trading Volume After Dividend Announcement

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJTGet Free Report) saw an uptick in trading volume on Monday following a dividend announcement from the company. Approximately 163,327 shares changed hands during trading, an increase of 6% from the previous session’s volume of 153,699 shares.The stock last traded at $21.07 and had previously closed at $21.17.

The newly announced dividend which will be paid on Friday, July 24th. Stockholders of record on Monday, July 20th will be paid a dividend of $0.1137 per share. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend is Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 6.5%.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

The firm has a 50 day moving average price of $21.16 and a 200-day moving average price of $21.26.

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

Several institutional investors and hedge funds have recently modified their holdings of the company. Leo Wealth LLC acquired a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 4th quarter valued at $9,098,000. Howard Wealth Management LLC boosted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 47.7% during the fourth quarter. Howard Wealth Management LLC now owns 172,090 shares of the company’s stock worth $3,702,000 after purchasing an additional 55,616 shares during the last quarter. Legacy Financial Group LLC boosted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 12.7% during the fourth quarter. Legacy Financial Group LLC now owns 820,334 shares of the company’s stock worth $17,596,000 after purchasing an additional 92,674 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at $1,495,000. Finally, Sax Wealth Advisors LLC purchased a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at $551,000.

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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