GPM Growth Investors Inc. Makes New $3.67 Million Investment in Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ)

GPM Growth Investors Inc. acquired a new stake in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 159,067 shares of the company’s stock, valued at approximately $3,669,000. Invesco BulletShares 2026 High Yield Corporate Bond ETF makes up about 1.6% of GPM Growth Investors Inc.’s investment portfolio, making the stock its 26th largest position. GPM Growth Investors Inc. owned approximately 0.63% of Invesco BulletShares 2026 High Yield Corporate Bond ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in BSJQ. Cetera Investment Advisers acquired a new stake in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF during the 1st quarter valued at $20,243,000. UBS Group AG increased its stake in Invesco BulletShares 2026 High Yield Corporate Bond ETF by 232.3% in the 4th quarter. UBS Group AG now owns 941,377 shares of the company’s stock worth $21,774,000 after purchasing an additional 658,054 shares in the last quarter. Legacy Financial Group LLC raised its holdings in Invesco BulletShares 2026 High Yield Corporate Bond ETF by 3,376.0% during the 1st quarter. Legacy Financial Group LLC now owns 632,731 shares of the company’s stock worth $14,667,000 after buying an additional 614,528 shares during the period. Raymond James Financial Services Advisors Inc. purchased a new stake in Invesco BulletShares 2026 High Yield Corporate Bond ETF during the second quarter valued at about $13,355,000. Finally, Rovin Capital UT ADV acquired a new position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF in the fourth quarter worth about $2,927,000.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Stock Performance

BSJQ stock opened at $23.35 on Thursday. The company’s 50 day simple moving average is $23.23 and its 200-day simple moving average is $23.15. Invesco BulletShares 2026 High Yield Corporate Bond ETF has a 52-week low of $22.21 and a 52-week high of $23.42.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were given a $0.1294 dividend. The ex-dividend date of this dividend was Monday, June 24th. This represents a $1.55 annualized dividend and a dividend yield of 6.65%.

About Invesco BulletShares 2026 High Yield Corporate Bond ETF

The Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) 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 2026. BSJQ was launched on Aug 9, 2018 and is managed by Invesco.