Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Large Volume Increase – What’s Next?

Shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw unusually-high trading volume on Tuesday . Approximately 364,939 shares traded hands during trading, an increase of 135% from the previous session’s volume of 155,437 shares.The stock last traded at $21.85 and had previously closed at $21.86.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

The company’s 50 day simple moving average is $21.83 and its two-hundred day simple moving average is $21.90.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were paid a dividend of $0.1124 per share. This is a positive change from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. This represents a c) annualized dividend and a yield of 6.2%. The ex-dividend date of this dividend was Monday, May 18th.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several hedge funds have recently modified their holdings of the stock. LPL Financial LLC grew its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 21.0% during the fourth quarter. LPL Financial LLC now owns 2,153,307 shares of the company’s stock valued at $47,373,000 after purchasing an additional 374,157 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 20.8% during the fourth quarter. Wells Fargo & Company MN now owns 1,087,591 shares of the company’s stock valued at $23,927,000 after purchasing an additional 187,199 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 445.1% during the third quarter. Raymond James Financial Inc. now owns 851,258 shares of the company’s stock valued at $18,796,000 after purchasing an additional 695,104 shares during the last quarter. 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 valued at $16,384,000 after purchasing an additional 172,870 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 16.2% during the fourth quarter. UBS Group AG now owns 493,925 shares of the company’s stock valued at $10,866,000 after purchasing an additional 68,966 shares during the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

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.