Jessup Wealth Management Inc Makes New $806,000 Investment in Invesco BulletShares 2031 High Yield Corporate Bond ETF $BSJV

Jessup Wealth Management Inc bought a new position in Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) in the fourth quarter, HoldingsChannel reports. The fund bought 30,198 shares of the company’s stock, valued at approximately $806,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF in the 4th quarter worth approximately $29,000. IMA Advisory Services Inc. lifted its position in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 24.2% in the 4th quarter. IMA Advisory Services Inc. now owns 7,736 shares of the company’s stock worth $207,000 after buying an additional 1,506 shares in the last quarter. Howard Wealth Management LLC purchased a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF in the 4th quarter worth approximately $215,000. Harbour Investments Inc. lifted its position in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 622.9% in the 4th quarter. Harbour Investments Inc. now owns 8,118 shares of the company’s stock worth $217,000 after buying an additional 6,995 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 448.5% in the 2nd quarter. Bank of America Corp DE now owns 11,331 shares of the company’s stock worth $302,000 after buying an additional 9,265 shares in the last quarter.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Trading Down 0.2%

BSJV stock opened at $26.12 on Thursday. Invesco BulletShares 2031 High Yield Corporate Bond ETF has a 12-month low of $25.66 and a 12-month high of $26.96. The company has a 50 day moving average of $26.27 and a two-hundred day moving average of $26.46.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were issued a dividend of $0.1489 per share. The ex-dividend date was Monday, May 18th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. This is an increase from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Profile

The Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) 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 2031. BSJV was launched on Sep 20, 2023 and is issued by Invesco.