Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Large Volume Increase – Here’s What Happened

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw unusually-high trading volume on Monday . 253,486 shares were traded during trading, an increase of 64% from the previous session’s volume of 154,838 shares.The stock last traded at $21.12 and had previously closed at $21.08.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

The business’s 50-day simple moving average is $21.15 and its 200-day simple moving average is $21.23.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Leo Wealth LLC bought a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 4th quarter worth $9,098,000. Avior Wealth Management LLC bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 2nd quarter valued at about $8,444,000. IHT Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter valued at about $7,940,000. Banta Asset Management LP purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter valued at about $6,561,000. Finally, Wells Fargo & Company MN raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 62.0% in the fourth quarter. Wells Fargo & Company MN now owns 594,865 shares of the company’s stock worth $12,796,000 after buying an additional 227,750 shares in the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

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.