Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sees Large Volume Increase – Time to Buy?

Shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) saw unusually-strong trading volume on Tuesday . Approximately 156,356 shares traded hands during mid-day trading, an increase of 3% from the previous session’s volume of 152,056 shares.The stock last traded at $21.02 and had previously closed at $21.01.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Up 0.1%

The firm’s fifty day moving average price is $21.15 and its 200-day moving average price is $21.25.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were given a dividend of $0.1137 per share. This represents a c) dividend on an annualized basis and a yield of 6.5%. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Monday, July 20th.

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

Several large investors have recently added to or reduced their stakes in the company. Private Trust Co. NA lifted its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 328.7% in the 4th quarter. Private Trust Co. NA now owns 1,925 shares of the company’s stock worth $41,000 after acquiring an additional 1,476 shares during the period. Claris Financial LLC acquired a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 1st quarter worth approximately $65,000. Fifth Third Bancorp bought a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the first quarter valued at approximately $99,000. Comerica Bank increased its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 573.1% during the fourth quarter. Comerica Bank now owns 4,698 shares of the company’s stock valued at $101,000 after purchasing an additional 4,000 shares during the period. Finally, Geneos Wealth Management Inc. raised its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 29.6% in the second quarter. Geneos Wealth Management Inc. now owns 4,730 shares of the company’s stock valued at $102,000 after purchasing an additional 1,080 shares in the last quarter.

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.