Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Strong Trading Volume After Dividend Announcement

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw unusually-high trading volume on Monday following a dividend announcement from the company. Approximately 154,181 shares traded hands during trading, a decline of 3% from the previous session’s volume of 158,502 shares.The stock last traded at $21.72 and had previously closed at $21.82.

The newly announced dividend which will be paid on Friday, July 24th. Stockholders of record on Monday, July 20th will be issued a dividend of $0.1088 per share. The ex-dividend date of this dividend is Monday, July 20th. This is an increase from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous dividend of $0.11.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

The firm’s 50-day moving average is $21.79 and its 200-day moving average is $21.86.

Hedge Funds Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada increased its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.0% during the 1st quarter. Royal Bank of Canada now owns 190,363 shares of the company’s stock valued at $4,119,000 after purchasing an additional 12,396 shares during the last quarter. NewEdge Advisors LLC lifted its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.8% in the 1st quarter. NewEdge Advisors LLC now owns 61,296 shares of the company’s stock worth $1,326,000 after buying an additional 4,439 shares during the last quarter. Invesco Ltd. boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 29.1% in the second quarter. Invesco Ltd. now owns 124,113 shares of the company’s stock worth $2,737,000 after buying an additional 27,993 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 5.5% in the second quarter. Ameriprise Financial Inc. now owns 209,104 shares of the company’s stock worth $4,611,000 after buying an additional 10,940 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 34.8% in the second quarter. Bank of America Corp DE now owns 91,342 shares of the company’s stock worth $2,014,000 after buying an additional 23,566 shares in the last quarter.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

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.