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-strong trading volume on Tuesday . Approximately 321,763 shares traded hands during trading, an increase of 109% from the previous session’s volume of 153,821 shares.The stock last traded at $21.62 and had previously closed at $21.62.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

The business’s 50 day simple moving average is $21.75 and its 200-day simple moving average is $21.78.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be given a dividend of $0.1046 per share. The ex-dividend date is Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 5.8%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Nalls Sherbakoff Group LLC acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $53,000. AdvisorNet Financial Inc boosted its holdings in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 10,000.0% in the 1st quarter. AdvisorNet Financial Inc now owns 2,828 shares of the company’s stock valued at $61,000 after purchasing an additional 2,800 shares in the last quarter. IFP Advisors Inc increased its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 121.5% in the 2nd quarter. IFP Advisors Inc now owns 2,880 shares of the company’s stock valued at $63,000 after purchasing an additional 1,580 shares during the last quarter. Anchor Investment Management LLC increased its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 23.1% in the 4th quarter. Anchor Investment Management LLC now owns 8,525 shares of the company’s stock valued at $188,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Denver PWM LLC acquired a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 2nd quarter worth $206,000.

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.