Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Raises Dividend to $0.11 Per Share

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) announced a monthly dividend on Monday, July 20th, NASDAQ Dividends reports. Stockholders of record on Monday, July 20th will be paid a dividend of 0.1137 per share on Friday, July 24th. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date of this dividend is Monday, July 20th. This is a 3.6% increase from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF stock opened at $21.02 on Tuesday. The company’s 50-day moving average price is $21.17 and its 200-day moving average price is $21.27. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12-month low of $20.72 and a 12-month high of $21.75.

Hedge Funds Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC increased its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.2% in the 4th quarter. LPL Financial LLC now owns 2,444,246 shares of the company’s stock worth $52,576,000 after acquiring an additional 163,307 shares during the last quarter. Legacy Financial Group LLC boosted its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 12.7% in the 4th quarter. Legacy Financial Group LLC now owns 820,334 shares of the company’s stock worth $17,596,000 after purchasing an additional 92,674 shares in the last quarter. Equitable Holdings Inc. grew its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 5.2% during the third quarter. Equitable Holdings Inc. now owns 625,312 shares of the company’s stock valued at $13,488,000 after acquiring an additional 30,815 shares during the last quarter. Wells Fargo & Company MN raised its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 62.0% in the 4th quarter. Wells Fargo & Company MN now owns 594,865 shares of the company’s stock worth $12,796,000 after purchasing an additional 227,750 shares during the period. Finally, Cetera Investment Advisers increased its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 45.7% in the first quarter. Cetera Investment Advisers now owns 580,655 shares of the company’s stock worth $12,214,000 after buying an additional 182,107 shares during the period.

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.