Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) Hits New 1-Year Low – Time to Sell?

Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as $22.82 and last traded at $22.9050, with a volume of 6356 shares trading hands. The stock had previously closed at $22.90.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Price Performance

The firm has a 50 day simple moving average of $22.91 and a two-hundred day simple moving average of $23.05.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were given a dividend of $0.0784 per share. The ex-dividend date was Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Royal Bank of Canada raised its position in Invesco BulletShares 2026 High Yield Corporate Bond ETF by 3.9% during the first quarter. Royal Bank of Canada now owns 163,117 shares of the company’s stock worth $3,783,000 after acquiring an additional 6,161 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 43.8% during the 1st quarter. Jane Street Group LLC now owns 304,433 shares of the company’s stock worth $7,060,000 after purchasing an additional 92,782 shares in the last quarter. Invesco Ltd. increased its stake in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 29.4% during the 2nd quarter. Invesco Ltd. now owns 144,281 shares of the company’s stock worth $3,366,000 after purchasing an additional 32,763 shares in the last quarter. Diversify Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF during the 2nd quarter worth approximately $557,000. Finally, Ameriprise Financial Inc. raised its position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 4.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 166,255 shares of the company’s stock worth $3,879,000 after purchasing an additional 7,179 shares during the last quarter.

About Invesco BulletShares 2026 High Yield Corporate Bond ETF

The Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) 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 2026. BSJQ was launched on Aug 9, 2018 and is managed by Invesco.