Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Reaches New 52-Week Low – What’s Next?

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS)’s share price hit a new 52-week low on Thursday. The company traded as low as $21.40 and last traded at $21.42, with a volume of 54321 shares changing hands. The stock had previously closed at $21.44.

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

The firm’s 50-day moving average is $21.70 and its two-hundred day moving average is $21.76.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

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

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

Several large investors have recently made changes to their positions in BSJS. Cetera Investment Advisers grew its stake in shares of 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. Mirador Capital Partners LP lifted its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 2,308.3% in the second quarter. Mirador Capital Partners LP now owns 560,921 shares of the company’s stock valued at $12,197,000 after buying an additional 537,630 shares during the period. Parkway Wealth Management Group LLC boosted its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 14.4% during the first quarter. Parkway Wealth Management Group LLC now owns 465,029 shares of the company’s stock worth $10,173,000 after buying an additional 58,517 shares during the last quarter. SFE Investment Counsel boosted its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 1.1% during the first quarter. SFE Investment Counsel now owns 384,000 shares of the company’s stock worth $8,327,000 after buying an additional 4,364 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 42.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 269,085 shares of the company’s stock worth $5,920,000 after buying an additional 79,548 shares during the period.

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.