Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Trading 0.2% Higher – Here’s What Happened

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU)’s stock price were up 0.2% during trading on Wednesday . The company traded as high as $26.24 and last traded at $26.19. Approximately 37,775 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 84,237 shares. The stock had previously closed at $26.15.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Price Performance

The stock has a 50-day simple moving average of $26.14 and a 200-day simple moving average of $26.10.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.1354 per share. This represents a c) annualized dividend and a yield of 6.2%. This is a boost from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Tuesday, January 20th.

Institutional Trading of Invesco BulletShares 2030 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. SFE Investment Counsel grew its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 23.5% during the second quarter. SFE Investment Counsel now owns 156,243 shares of the company’s stock valued at $4,065,000 after acquiring an additional 29,730 shares in the last quarter. Howard Wealth Management LLC purchased a new position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF during the 3rd quarter valued at $1,015,000. Key Financial Inc increased its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 124.7% in the second quarter. Key Financial Inc now owns 6,450 shares of the company’s stock worth $168,000 after purchasing an additional 3,580 shares during the period. Milestones Private Investment Advisors LLC purchased a new stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF in the second quarter worth $898,000. Finally, Envestnet Asset Management Inc. boosted its stake in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2,866.9% during the second quarter. Envestnet Asset Management Inc. now owns 240,471 shares of the company’s stock valued at $6,256,000 after buying an additional 232,366 shares during the period.

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.