Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Trading Up 0.1% – Should You Buy?

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV)’s stock price shot up 0.1% on Thursday . The company traded as high as $26.17 and last traded at $26.14. 22,249 shares traded hands during trading, a decline of 9% from the average session volume of 24,552 shares. The stock had previously closed at $26.11.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Stock Performance

The business has a 50-day moving average price of $26.60 and a 200 day moving average price of $26.63.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were issued a dividend of $0.1321 per share. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend was Monday, February 23rd.

Hedge Funds Weigh In On Invesco BulletShares 2031 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of BSJV. Leo Wealth LLC acquired a new stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter worth about $7,344,000. Equitable Holdings Inc. boosted its holdings in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 99.5% in the fourth quarter. Equitable Holdings Inc. now owns 241,455 shares of the company’s stock worth $6,447,000 after buying an additional 120,407 shares during the period. Raymond James Financial Inc. boosted its stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 12.2% in the 2nd quarter. Raymond James Financial Inc. now owns 74,155 shares of the company’s stock worth $1,978,000 after purchasing an additional 8,064 shares during the period. SFE Investment Counsel boosted its stake in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 181.0% in the 4th quarter. SFE Investment Counsel now owns 68,348 shares of the company’s stock worth $1,825,000 after purchasing an additional 44,023 shares during the period. Finally, Jane Street Group LLC grew its position in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 122.7% during the 1st quarter. Jane Street Group LLC now owns 68,301 shares of the company’s stock worth $1,778,000 after purchasing an additional 37,629 shares in the last quarter.

About Invesco BulletShares 2031 High Yield Corporate Bond ETF

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.