Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) Sees Large Volume Increase – Still a Buy?

Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) saw unusually-high trading volume on Monday. Approximately 716,984 shares were traded during trading, an increase of 147% from the average daily volume of 289,697 shares. The stock last traded at $22.8050 and had previously closed at $22.82.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Stock Down 0.0%

The business has a fifty day moving average of $22.85 and a two-hundred day moving average of $23.05.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were issued a dividend of $0.0819 per share. This is a decrease from Invesco BulletShares 2026 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0881. The ex-dividend date was Monday, October 19th. This represents a $0.98 annualized dividend and a yield of 4.3%.

Institutional Trading of Invesco BulletShares 2026 High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Mirador Capital Partners LP acquired a new stake in Invesco BulletShares 2026 High Yield Corporate Bond ETF during the third quarter worth approximately $30,394,000. Cetera Investment Advisers lifted its stake in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 4.9% in the 1st quarter. Cetera Investment Advisers now owns 1,256,808 shares of the company’s stock valued at $29,127,000 after purchasing an additional 58,296 shares in the last quarter. Parkway Wealth Management Group LLC acquired a new position in Invesco BulletShares 2026 High Yield Corporate Bond ETF during the third quarter valued at approximately $10,244,000. Milestone Asset Management LLC acquired a new stake in Invesco BulletShares 2026 High Yield Corporate Bond ETF in the 3rd quarter valued at $5,359,000. Finally, Verity Asset Management Inc. purchased a new stake in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF in the third quarter worth about $4,878,000.

About Invesco BulletShares 2026 High Yield Corporate Bond ETF

The Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) 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 2026. BSJQ was launched on Aug 9, 2018 and is managed by Invesco.