SFE Investment Counsel Makes New $8.08 Million Investment in Invesco BulletShares 2029 High Yield Corporate Bond ETF $BSJT

SFE Investment Counsel purchased a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 391,328 shares of the company’s stock, valued at approximately $8,083,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BSJT. Claris Financial LLC acquired a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 1st quarter worth $65,000. Horizons Wealth Management purchased a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the third quarter worth about $74,000. IFP Advisors Inc purchased a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the second quarter worth about $86,000. Fifth Third Bancorp acquired a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the first quarter worth about $99,000. Finally, Latitude Advisors LLC acquired a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the third quarter worth about $130,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of BSJT opened at $20.69 on Friday. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a one year low of $20.54 and a one year high of $21.67. The stock has a 50-day moving average price of $20.87 and a 200 day moving average price of $21.14.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were issued a dividend of $0.1149 per share. The ex-dividend date was Monday, October 19th. This represents a $1.38 annualized dividend and a yield of 6.7%. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.1110.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) 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 2029. BSJT was launched on Sep 15, 2021 and is managed by Invesco.