Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU) Stock Price Up 0.5% – What’s Next?

Invesco BulletShares 2030 High Yield Corporate Bond ETF (NASDAQ:BSJU)’s share price were up 0.5% on Monday . The company traded as high as $25.77 and last traded at $25.73. Approximately 39,528 shares changed hands during trading, a decline of 45% from the average daily volume of 71,769 shares. The stock had previously closed at $25.60.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Stock Performance

The stock has a 50-day moving average of $26.06 and a 200-day moving average of $26.08.

Invesco BulletShares 2030 High Yield Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a $0.1355 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a yield of 6.3%. This is a boost from Invesco BulletShares 2030 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14.

Hedge Funds Weigh In On Invesco BulletShares 2030 High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BSJU. VestGen Advisors LLC increased its holdings in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 37.7% during the second quarter. VestGen Advisors LLC now owns 14,720 shares of the company’s stock valued at $382,000 after purchasing an additional 4,032 shares during the period. RPg Family Wealth Advisory LLC lifted its position in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 2.2% in the second quarter. RPg Family Wealth Advisory LLC now owns 296,187 shares of the company’s stock worth $7,705,000 after purchasing an additional 6,442 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of Invesco BulletShares 2030 High Yield Corporate Bond ETF by 34.4% during the 2nd quarter. Raymond James Financial Inc. now owns 53,772 shares of the company’s stock valued at $1,399,000 after buying an additional 13,776 shares during the period. Ameriprise Financial Inc. increased its position in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 21.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 46,256 shares of the company’s stock worth $1,203,000 after purchasing an additional 8,124 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in Invesco BulletShares 2030 High Yield Corporate Bond ETF by 104.2% in the second quarter. Bank of America Corp DE now owns 28,966 shares of the company’s stock worth $754,000 after buying an additional 14,784 shares during the last quarter.

About Invesco BulletShares 2030 High Yield Corporate Bond ETF

The Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) 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 2030. BSJU was launched on Sep 8, 2022 and is managed by Invesco.