Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) Sees Large Volume Increase – Time to Buy?

Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) shares saw unusually-strong trading volume on Tuesday . Approximately 416,363 shares changed hands during mid-day trading, an increase of 71% from the previous session’s volume of 243,281 shares.The stock last traded at $23.0350 and had previously closed at $23.03.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Stock Up 0.0%

The firm’s 50-day moving average price is $23.07 and its 200-day moving average price is $23.08.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, November 24th will be given a $0.0776 dividend. The ex-dividend date of this dividend is Monday, November 24th. This represents a c) annualized dividend and a yield of 4.0%.

Institutional Investors Weigh In On Invesco BulletShares 2025 High Yield Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 6.2% in the third quarter. NewEdge Advisors LLC now owns 68,510 shares of the company’s stock worth $1,580,000 after buying an additional 4,018 shares during the period. United Capital Financial Advisors LLC lifted its position in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 1.2% during the 3rd quarter. United Capital Financial Advisors LLC now owns 538,379 shares of the company’s stock worth $12,415,000 after acquiring an additional 6,367 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 13.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 4,456 shares of the company’s stock worth $103,000 after acquiring an additional 540 shares during the period. Mariner LLC grew its position in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 72.9% in the third quarter. Mariner LLC now owns 22,531 shares of the company’s stock valued at $520,000 after acquiring an additional 9,502 shares in the last quarter. Finally, Lido Advisors LLC grew its position in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 0.6% in the third quarter. Lido Advisors LLC now owns 108,974 shares of the company’s stock valued at $2,513,000 after acquiring an additional 620 shares in the last quarter.

About Invesco BulletShares 2025 High Yield Corporate Bond ETF

The Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) 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 2025. BSJP was launched on Sep 27, 2017 and is managed by Invesco.