Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Large Volume Increase – Time to Buy?

Shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw an uptick in trading volume on Tuesday . 156,356 shares changed hands during mid-day trading, an increase of 3% from the previous session’s volume of 152,056 shares.The stock last traded at $21.02 and had previously closed at $21.01.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

The company’s fifty day moving average is $21.15 and its 200-day moving average is $21.25.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were issued a dividend of $0.1137 per share. This represents a c) dividend on an annualized basis and a yield of 6.5%. This is a positive change from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, July 20th.

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

Institutional investors have recently made changes to their positions in the business. Leo Wealth LLC acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 4th quarter valued at approximately $9,098,000. Legacy Financial Group LLC lifted 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 buying an additional 92,674 shares during the last quarter. Howard Wealth Management LLC lifted 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 buying an additional 55,616 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $1,495,000. Finally, IHT Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $7,940,000.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

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.