Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Trading Down 0.3% – Should You Sell?

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) shares traded down 0.3% during trading on Monday . The company traded as low as $26.00 and last traded at $26.08. 67,798 shares were traded during mid-day trading, an increase of 171% from the average daily volume of 25,019 shares. The stock had previously closed at $26.15.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Stock Performance

The company has a fifty day simple moving average of $26.16 and a two-hundred day simple moving average of $26.30.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were given a dividend of $0.1472 per share. This is an increase from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date of this dividend was Monday, July 20th.

Hedge Funds Weigh In On Invesco BulletShares 2031 High Yield Corporate Bond ETF

Several institutional investors have recently modified their holdings of BSJV. Farther Finance Advisors LLC acquired a new stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF during the fourth quarter worth $29,000. Kestra Advisory Services LLC acquired a new position in Invesco BulletShares 2031 High Yield Corporate Bond ETF in the 4th quarter worth $32,000. Bank of Montreal Can bought a new position in Invesco BulletShares 2031 High Yield Corporate Bond ETF during the 4th quarter worth about $37,000. IMA Advisory Services Inc. increased its holdings in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 24.2% during the 4th quarter. IMA Advisory Services Inc. now owns 7,736 shares of the company’s stock worth $207,000 after purchasing an additional 1,506 shares in the last quarter. Finally, Jessup Wealth Management Inc raised its stake in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 5.7% in the 1st quarter. Jessup Wealth Management Inc now owns 31,926 shares of the company’s stock valued at $830,000 after purchasing an additional 1,728 shares during the period.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) 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 2031. BSJV was launched on Sep 20, 2023 and is issued by Invesco.