Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Significant Decline in Short Interest

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 61,715 shares, a decline of 71.0% from the June 30th total of 213,173 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 184,574 shares, the short-interest ratio is currently 0.3 days.

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

Large investors have recently modified their holdings of the business. Compound Planning Inc. boosted its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.2% during the first quarter. Compound Planning Inc. now owns 52,446 shares of the company’s stock valued at $1,103,000 after purchasing an additional 611 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 11,927 shares of the company’s stock valued at $235,000 after acquiring an additional 776 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.3% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 35,155 shares of the company’s stock valued at $756,000 after acquiring an additional 795 shares during the period. NewEdge Advisors LLC increased its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 1.3% in the 4th quarter. NewEdge Advisors LLC now owns 65,905 shares of the company’s stock valued at $1,418,000 after acquiring an additional 871 shares during the period. Finally, HUB Investment Partners LLC raised its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 2.5% in the 2nd quarter. HUB Investment Partners LLC now owns 37,963 shares of the company’s stock worth $817,000 after acquiring an additional 920 shares in the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Invesco BulletShares 2029 High Yield Corporate Bond ETF stock opened at $20.99 on Friday. The company has a 50 day moving average price of $21.15 and a 200-day moving average price of $21.25. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a fifty-two week low of $20.72 and a fifty-two week high of $21.75.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were issued a $0.1137 dividend. The ex-dividend date was Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 6.5%. This is a positive change from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

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.