Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) Sees Large Volume Increase – Should You Buy?

Invesco BulletShares 2028 High Yield Corporate Bond ETF (NASDAQ:BSJS) saw an uptick in trading volume on Tuesday . 364,939 shares traded hands during mid-day trading, an increase of 135% from the previous session’s volume of 155,437 shares.The stock last traded at $21.85 and had previously closed at $21.86.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Price Performance

The business has a 50-day simple moving average of $21.82 and a 200-day simple moving average of $21.90.

Invesco BulletShares 2028 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a $0.1124 dividend. The ex-dividend date of this dividend was Monday, May 18th. This is a positive change from Invesco BulletShares 2028 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. This represents a c) dividend on an annualized basis and a yield of 6.2%.

Institutional Trading of Invesco BulletShares 2028 High Yield Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC raised its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 9.1% in the first quarter. NewEdge Advisors LLC now owns 72,459 shares of the company’s stock valued at $1,571,000 after purchasing an additional 6,057 shares during the period. Asset Dedication LLC raised its position in Invesco BulletShares 2028 High Yield Corporate Bond ETF by 189.6% in the first quarter. Asset Dedication LLC now owns 12,598 shares of the company’s stock valued at $273,000 after purchasing an additional 8,248 shares during the period. Independent Wealth Advisors LLC increased its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 64.0% during the first quarter. Independent Wealth Advisors LLC now owns 68,091 shares of the company’s stock worth $1,477,000 after acquiring an additional 26,566 shares during the period. Bank of America Corp DE increased its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 14.3% during the first quarter. Bank of America Corp DE now owns 176,556 shares of the company’s stock worth $3,829,000 after acquiring an additional 22,104 shares during the period. Finally, Strait & Sound Wealth Management LLC increased its position in shares of Invesco BulletShares 2028 High Yield Corporate Bond ETF by 11.7% during the first quarter. Strait & Sound Wealth Management LLC now owns 93,557 shares of the company’s stock worth $2,029,000 after acquiring an additional 9,836 shares during the period.

About Invesco BulletShares 2028 High Yield Corporate Bond ETF

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.