Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) Plans Dividend Increase – $0.12 Per Share

Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) declared a monthly dividend on Monday, November 20th, NASDAQ reports. Stockholders of record on Tuesday, November 21st will be given a dividend of 0.12 per share on Friday, November 24th. This represents a $1.44 annualized dividend and a dividend yield of 7.10%. The ex-dividend date of this dividend is Monday, November 20th. This is a positive change from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

BSJT stock traded down $0.05 during midday trading on Monday, hitting $20.28. The stock had a trading volume of 48,118 shares, compared to its average volume of 6,784. The business has a 50-day moving average of $19.87 and a two-hundred day moving average of $20.13. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 52-week low of $19.29 and a 52-week high of $21.13.

Institutional Investors Weigh In On Invesco BulletShares 2029 High Yield Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the first quarter worth $32,000. Bank of America Corp DE purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter worth $40,000. Advisor Group Holdings Inc. purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the first quarter worth $75,000. Osaic Holdings Inc. grew its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 6.9% in the second quarter. Osaic Holdings Inc. now owns 9,418 shares of the company’s stock worth $192,000 after purchasing an additional 607 shares during the period. Finally, LPL Financial LLC purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the third quarter worth $267,000.

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.