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

Shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw unusually-strong 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 moving average is $21.15 and its 200 day moving average is $21.23.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a $0.1137 dividend. This is an increase 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%. The ex-dividend date was Monday, July 20th.

Institutional Investors Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Several institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada increased its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 23.9% in the 1st quarter. Royal Bank of Canada now owns 49,448 shares of the company’s stock worth $1,042,000 after purchasing an additional 9,533 shares during the period. NewEdge Advisors LLC boosted its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2,821.7% during the first quarter. NewEdge Advisors LLC now owns 59,194 shares of the company’s stock valued at $1,248,000 after purchasing an additional 57,168 shares during the period. Brown Advisory Inc. bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter worth approximately $304,000. HUB Investment Partners LLC grew its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.5% in the second quarter. HUB Investment Partners LLC now owns 37,963 shares of the company’s stock worth $817,000 after purchasing an additional 920 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 13.4% in the second quarter. Raymond James Financial Inc. now owns 142,219 shares of the company’s stock worth $3,061,000 after buying an additional 16,842 shares during the period.

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.