Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV) Trading Down 0.2% – Here’s What Happened

Invesco BulletShares 2031 High Yield Corporate Bond ETF (NASDAQ:BSJV)’s stock price traded down 0.2% during mid-day trading on Friday . The stock traded as low as $26.16 and last traded at $26.20. 21,312 shares traded hands during mid-day trading, a decline of 0% from the average daily volume of 21,321 shares. The stock had previously closed at $26.24.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Price Performance

The company’s fifty day moving average is $26.24 and its two-hundred day moving average is $26.40.

Invesco BulletShares 2031 High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a dividend of $0.1465 per share. This represents a c) annualized dividend and a dividend yield of 6.7%. This is a boost from Invesco BulletShares 2031 High Yield Corporate Bond ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Investors Weigh In On Invesco BulletShares 2031 High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Leo Wealth LLC acquired a new position in Invesco BulletShares 2031 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $7,344,000. Equitable Holdings Inc. increased its holdings in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF by 99.5% during the 4th quarter. Equitable Holdings Inc. now owns 241,455 shares of the company’s stock valued at $6,447,000 after purchasing an additional 120,407 shares in the last quarter. Carnegie Investment Counsel acquired a new position in shares of Invesco BulletShares 2031 High Yield Corporate Bond ETF in the 1st quarter valued at $1,167,000. SFE Investment Counsel boosted its holdings in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 181.0% during the fourth quarter. SFE Investment Counsel now owns 68,348 shares of the company’s stock worth $1,825,000 after buying an additional 44,023 shares in the last quarter. Finally, Jane Street Group LLC grew its position in Invesco BulletShares 2031 High Yield Corporate Bond ETF by 122.7% during the first quarter. Jane Street Group LLC now owns 68,301 shares of the company’s stock valued at $1,778,000 after buying an additional 37,629 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.