Envestnet Asset Management Inc. Cuts Stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF $BSJS

Envestnet Asset Management Inc. cut its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) by 59.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 195,148 shares of the company’s stock after selling 290,449 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.82% of Invesco BulletShares 2028 High Yield Corporate Bond ETF worth $4,309,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.0% during the first quarter. Royal Bank of Canada now owns 190,363 shares of the company’s stock valued at $4,119,000 after acquiring an additional 12,396 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 7.8% in the first quarter. NewEdge Advisors LLC now owns 61,296 shares of the company’s stock worth $1,326,000 after acquiring an additional 4,439 shares during the last quarter. Carnegie Investment Counsel purchased a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the second quarter worth approximately $316,000. Advisory Alpha LLC raised its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 19.0% in the 2nd quarter. Advisory Alpha LLC now owns 265,313 shares of the company’s stock valued at $5,850,000 after purchasing an additional 42,336 shares during the last quarter. Finally, GPM Growth Investors Inc. raised its stake in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 11.9% in the 2nd quarter. GPM Growth Investors Inc. now owns 210,775 shares of the company’s stock valued at $4,648,000 after purchasing an additional 22,483 shares during the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Down 0.5%

Shares of BSJS opened at $21.97 on Tuesday. Invesco BulletShares 2028 High Yield Corporate Bond ETF has a 52-week low of $20.65 and a 52-week high of $22.24. The firm’s fifty day moving average is $22.02 and its two-hundred day moving average is $22.03.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 23rd will be paid a dividend of $0.1059 per share. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Monday, February 23rd.

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.