Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Unusually-High Trading Volume – Still a Buy?

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) shares saw an uptick in trading volume on Thursday . 204,010 shares changed hands during mid-day trading, an increase of 26% from the previous session’s volume of 161,989 shares.The stock last traded at $21.76 and had previously closed at $21.78.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Down 0.2%

The company has a fifty day moving average of $21.79 and a two-hundred day moving average of $21.92.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 18th will be issued a $0.1124 dividend. This is an increase from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date is Monday, May 18th. This represents a c) annualized dividend and a yield of 6.2%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Raymond James Financial Inc. boosted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 445.1% in the third quarter. Raymond James Financial Inc. now owns 851,258 shares of the company’s stock valued at $18,796,000 after acquiring an additional 695,104 shares during the period. Leo Wealth LLC bought a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $8,397,000. LPL Financial LLC boosted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 21.0% in the fourth quarter. LPL Financial LLC now owns 2,153,307 shares of the company’s stock valued at $47,373,000 after acquiring an additional 374,157 shares during the period. Banta Asset Management LP bought a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $6,989,000. Finally, Captrust Financial Advisors boosted its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 73.2% in the third quarter. Captrust Financial Advisors now owns 450,177 shares of the company’s stock valued at $9,940,000 after acquiring an additional 190,292 shares during the period.

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.