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

Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) shares hit a new 52-week low during mid-day trading on Monday. The company traded as low as $22.73 and last traded at $22.7450, with a volume of 8,236 shares traded. The stock had previously closed at $22.83.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Stock Performance

The business has a 50 day moving average of $22.88 and a 200-day moving average of $22.99.

Invesco BulletShares 2026 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Monday, October 19th will be issued a $0.0819 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 4.3%. This is a negative change from Invesco BulletShares 2026 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0881. The ex-dividend date is Monday, October 19th.

Institutional Investors Weigh In On Invesco BulletShares 2026 High Yield Corporate Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mirador Capital Partners LP bought a new stake in Invesco BulletShares 2026 High Yield Corporate Bond ETF in the third quarter valued at approximately $30,394,000. Matthew Goff Investment Advisor LLC acquired a new position in Invesco BulletShares 2026 High Yield Corporate Bond ETF in the 1st quarter valued at $11,268,000. Cornerstone Planning LLC acquired a new position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF in the fourth quarter valued at about $10,193,000. Milestone Asset Management LLC acquired a new position in shares of Invesco BulletShares 2026 High Yield Corporate Bond ETF during the 3rd quarter worth approximately $5,359,000. Finally, TFR Capital LLC. bought a new position in Invesco BulletShares 2026 High Yield Corporate Bond ETF during the 1st quarter worth $2,481,000.

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.