Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sets New 12-Month Low – Here’s What Happened

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) reached a new 52-week low during mid-day trading on Friday. The company traded as low as $21.47 and last traded at $21.49, with a volume of 33048 shares trading hands. The stock had previously closed at $21.52.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Performance

The company’s 50 day moving average price is $21.73 and its 200 day moving average price is $21.77.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be issued a $0.1046 dividend. This is a drop from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1086. This represents a $1.26 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Monday, September 21st.

Hedge Funds Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several institutional investors have recently bought and sold shares of BSJS. Nalls Sherbakoff Group LLC acquired a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 4th quarter valued at about $53,000. AdvisorNet Financial Inc boosted its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 10,000.0% during the first quarter. AdvisorNet Financial Inc now owns 2,828 shares of the company’s stock worth $61,000 after purchasing an additional 2,800 shares during the period. IFP Advisors Inc boosted its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 121.5% during the second quarter. IFP Advisors Inc now owns 2,880 shares of the company’s stock worth $63,000 after purchasing an additional 1,580 shares during the period. Anchor Investment Management LLC grew its holdings in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 23.1% during the fourth quarter. Anchor Investment Management LLC now owns 8,525 shares of the company’s stock valued at $188,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Denver PWM LLC acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the second quarter valued at approximately $206,000.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.