Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) Reaches New 52-Week Low – Here’s Why

Shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) hit a new 52-week low during mid-day trading on Monday. The company traded as low as $22.82 and last traded at $22.8250, with a volume of 120495 shares changing hands. The stock had previously closed at $22.83.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Trading Down 0.1%

The business’s fifty day simple moving average is $22.89 and its 200 day simple moving average is $23.02.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a dividend of $0.0881 per share. This represents a $1.06 dividend on an annualized basis and a dividend yield of 4.6%. This is a boost from Invesco BulletShares 2026 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0784. The ex-dividend date of this dividend was Monday, September 21st.

Hedge Funds Weigh In On Invesco BulletShares 2026 High Yield Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Wealthspire Retirement LLC raised its position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF by 1.2% in the 1st quarter. Wealthspire Retirement LLC now owns 47,581 shares of the company’s stock valued at $1,103,000 after acquiring an additional 550 shares during the period. Livet Wealth LLC grew its holdings in Invesco BulletShares 2026 High Yield Corporate Bond ETF by 2.2% during the first quarter. Livet Wealth LLC now owns 30,047 shares of the company’s stock valued at $696,000 after purchasing an additional 640 shares during the period. Asset Dedication LLC increased its stake in Invesco BulletShares 2026 High Yield Corporate Bond ETF by 21.7% in the first quarter. Asset Dedication LLC now owns 4,807 shares of the company’s stock valued at $111,000 after purchasing an additional 857 shares in the last quarter. Fifth Third Bancorp bought a new stake in Invesco BulletShares 2026 High Yield Corporate Bond ETF in the first quarter valued at approximately $34,000. Finally, Private Advisor Group LLC raised its holdings in Invesco BulletShares 2026 High Yield Corporate Bond ETF by 1.3% in the first quarter. Private Advisor Group LLC now owns 152,380 shares of the company’s stock worth $3,531,000 after purchasing an additional 1,908 shares during the period.

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.