Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Hits New 52-Week Low – Here’s What Happened

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS)’s stock price hit a new 52-week low during trading on Tuesday. The company traded as low as $21.36 and last traded at $21.3850, with a volume of 24,342 shares changing hands. The stock had previously closed at $21.52.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

The stock has a fifty day simple moving average of $21.65 and a two-hundred day simple moving average of $21.75.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Monday, October 19th will be paid a dividend of $0.1056 per share. This is a positive change from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1046. The ex-dividend date of this dividend is Monday, October 19th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 5.9%.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

Hedge funds have recently modified their holdings of the business. AdvisorNet Financial Inc boosted its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 10,000.0% in the first quarter. AdvisorNet Financial Inc now owns 2,828 shares of the company’s stock valued at $61,000 after buying an additional 2,800 shares in the last quarter. IFP Advisors Inc grew its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 121.5% during the second quarter. IFP Advisors Inc now owns 2,880 shares of the company’s stock worth $63,000 after acquiring an additional 1,580 shares during the period. TD Waterhouse Canada Inc. purchased a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the third quarter worth $81,000. Denver PWM LLC purchased a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the second quarter worth $206,000. Finally, Anchor Investment Management LLC raised its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 17.6% in the second quarter. Anchor Investment Management LLC now owns 10,025 shares of the company’s stock worth $218,000 after acquiring an additional 1,500 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.