Envestnet Asset Management Inc. Decreases Stock Position in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT)

Envestnet Asset Management Inc. lessened its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) by 6.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 371,188 shares of the company’s stock after selling 26,034 shares during the period. Envestnet Asset Management Inc. owned approximately 3.26% of Invesco BulletShares 2029 High Yield Corporate Bond ETF worth $7,825,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Ancora Advisors LLC acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter worth about $36,000. NewEdge Advisors LLC lifted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 908.0% during the fourth quarter. NewEdge Advisors LLC now owns 2,026 shares of the company’s stock worth $43,000 after purchasing an additional 1,825 shares during the period. MorganRosel Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the first quarter worth about $127,000. JPMorgan Chase & Co. acquired a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the fourth quarter worth about $160,000. Finally, Net Worth Advisory Group acquired a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the first quarter worth about $203,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Down 0.4%

Shares of BSJT stock opened at $21.39 on Tuesday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a twelve month low of $19.95 and a twelve month high of $22.25. The stock has a 50 day moving average of $21.32 and a 200 day moving average of $21.28.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 25th. Investors of record on Monday, July 21st will be paid a $0.1282 dividend. This represents a $1.54 annualized dividend and a yield of 7.19%. The ex-dividend date of this dividend is Monday, July 21st.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

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.