Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Unusually-High Trading Volume – Still a Buy?

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw unusually-strong trading volume on Monday . 154,181 shares were traded during mid-day trading, a decline of 3% from the previous session’s volume of 158,502 shares.The stock last traded at $21.72 and had previously closed at $21.82.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Stock Down 0.6%

The business has a fifty day moving average of $21.80 and a 200 day moving average of $21.87.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.1092 dividend. This is a boost from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, June 22nd. This represents a c) annualized dividend and a yield of 6.0%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BSJS. Imprint Wealth LLC bought a new position in Invesco BulletShares 2028 High Yield Corporate Bond ETF during the fourth quarter worth $31,000. Wolff Wiese Magana LLC grew its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 44.8% in the 4th quarter. Wolff Wiese Magana LLC now owns 1,486 shares of the company’s stock worth $33,000 after purchasing an additional 460 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF during the 3rd quarter worth about $35,000. GAMMA Investing LLC raised its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 55.6% during the fourth quarter. GAMMA Investing LLC now owns 1,916 shares of the company’s stock valued at $42,000 after buying an additional 685 shares during the last quarter. Finally, Private Trust Co. NA raised its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 130.3% during the fourth quarter. Private Trust Co. NA now owns 2,167 shares of the company’s stock valued at $48,000 after buying an additional 1,226 shares during the last quarter.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of USD-denominated corporate high yield bonds with effective maturities in 2028. BSJS was launched on Sep 16, 2020 and is managed by Invesco.