Envestnet Asset Management Inc. Trims Stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF $BSJT

Envestnet Asset Management Inc. reduced its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) by 81.9% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 68,827 shares of the company’s stock after selling 311,105 shares during the quarter. Envestnet Asset Management Inc. owned 0.42% of Invesco BulletShares 2029 High Yield Corporate Bond ETF worth $1,485,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of BSJT. Equitable Holdings Inc. grew its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.6% during the second quarter. Equitable Holdings Inc. now owns 594,497 shares of the company’s stock worth $12,794,000 after purchasing an additional 41,945 shares in the last quarter. Modern Wealth Management LLC purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter valued at approximately $7,652,000. Kaye Capital Management lifted its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 151.9% during the second quarter. Kaye Capital Management now owns 355,560 shares of the company’s stock valued at $7,652,000 after purchasing an additional 214,407 shares during the last quarter. SFE Investment Counsel grew its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 6.0% in the 2nd quarter. SFE Investment Counsel now owns 337,617 shares of the company’s stock worth $7,266,000 after buying an additional 19,089 shares in the last quarter. Finally, IMA Advisory Services Inc. grew its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 3.1% in the 2nd quarter. IMA Advisory Services Inc. now owns 315,864 shares of the company’s stock worth $6,797,000 after buying an additional 9,501 shares in the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of NASDAQ:BSJT opened at $21.25 on Monday. The company’s fifty day moving average price is $21.50 and its 200-day moving average price is $21.51. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a one year low of $19.95 and a one year high of $21.75.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were paid a $0.1124 dividend. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend was Monday, February 23rd.

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.