Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Sets New 52-Week Low – Here’s What Happened

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT)’s stock price reached a new 52-week low on Wednesday. The company traded as low as $19.92 and last traded at $20.49, with a volume of 500 shares changing hands. The stock had previously closed at $20.77.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

The company has a 50-day moving average price of $20.81 and a two-hundred day moving average price of $21.10.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were paid a $0.1149 dividend. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1110. The ex-dividend date was Monday, October 19th. This represents a $1.38 dividend on an annualized basis and a yield of 6.7%.

Institutional Trading of Invesco BulletShares 2029 High Yield Corporate Bond ETF

Several hedge funds have recently made changes to their positions in the company. FCA Corp TX purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the third quarter valued at approximately $501,000. Legacy Financial Group LLC increased its position in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 3.7% during the 3rd quarter. Legacy Financial Group LLC now owns 950,823 shares of the company’s stock valued at $19,639,000 after purchasing an additional 33,951 shares during the period. Harbour Investments Inc. bought a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 3rd quarter worth $1,486,000. Private Advisory Group LLC bought a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 3rd quarter worth $513,000. Finally, Asset Dedication LLC bought a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 3rd quarter worth $277,000.

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.