Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Stock Price Cross Below Fifty Day Moving Average – What’s Next?

Shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) passed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $21.56 and traded as low as $21.49. Invesco BulletShares 2028 High Yield Corporate Bond ETF shares last traded at $21.52, with a volume of 110,394 shares.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Trading Down 0.1%

The firm has a fifty day simple moving average of $21.55 and a 200-day simple moving average of $21.75.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 23rd. Stockholders of record on Monday, October 19th were issued a $0.1056 dividend. This represents a $1.27 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Monday, October 19th. This is a positive change from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1046.

Institutional Investors Weigh In On Invesco BulletShares 2028 High Yield Corporate Bond ETF

Several hedge funds have recently made changes to their positions in the business. Mirador Capital Partners LP acquired a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 3rd quarter valued at about $29,692,000. SFE Investment Counsel purchased a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 3rd quarter worth $8,391,000. Verity Asset Management Inc. purchased a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 3rd quarter worth $6,904,000. Commonwealth Equity Services LLC acquired a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 3rd quarter worth $6,235,000. Finally, Collective Family Office LLC acquired a new stake in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF in the 3rd quarter worth $5,910,000.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

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.