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 strong trading volume on Wednesday . 420,397 shares changed hands during mid-day trading, an increase of 287% from the previous session’s volume of 108,642 shares.The stock last traded at $21.9950 and had previously closed at $21.97.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

The company has a 50 day moving average price of $21.99 and a 200-day moving average price of $21.98.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 28th. Shareholders of record on Monday, November 24th were paid a dividend of $0.112 per share. The ex-dividend date of this dividend was Monday, November 24th. This represents a c) annualized dividend and a yield of 6.1%.

Institutional Investors Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in BSJS. Raymond James Financial Inc. increased its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 445.1% during the 3rd quarter. Raymond James Financial Inc. now owns 851,258 shares of the company’s stock worth $18,796,000 after purchasing an additional 695,104 shares in the last quarter. Leo Wealth LLC bought a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the second quarter worth $4,789,000. Captrust Financial Advisors increased its holdings in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 73.2% during the third quarter. Captrust Financial Advisors now owns 450,177 shares of the company’s stock worth $9,940,000 after buying an additional 190,292 shares in the last quarter. Atria Investments Inc bought a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 3rd quarter valued at $3,442,000. Finally, Mariner LLC acquired a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 3rd quarter valued at $3,315,000.

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.