Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Shares Up 0.5% – Here’s Why

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU)’s stock price shot up 0.5% on Monday . The stock traded as high as $25.77 and last traded at $25.73. 39,528 shares changed hands during trading, a decline of 45% from the average session volume of 71,769 shares. The stock had previously closed at $25.60.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Performance

The stock’s fifty day simple moving average is $26.08 and its 200-day simple moving average is $26.08.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a dividend of $0.1355 per share. This represents a c) annualized dividend and a yield of 6.3%. This is a boost from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, February 23rd.

Institutional Investors Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. CWM LLC bought a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 3rd quarter worth approximately $27,000. Kestra Advisory Services LLC purchased a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the 4th quarter worth approximately $36,000. Horizons Wealth Management bought a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the third quarter valued at approximately $37,000. Gilpin Wealth Management LLC purchased a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $53,000. Finally, Key Financial Inc increased its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 15.0% during the fourth quarter. Key Financial Inc now owns 7,415 shares of the company’s stock valued at $194,000 after acquiring an additional 965 shares during the last quarter.

About Invesco BulletShares 2030 High Yield Corporate Bond ETF

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.