MONECO Advisors LLC Purchases 17,231 Shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT)

MONECO Advisors LLC increased its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) by 37.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,524 shares of the company’s stock after acquiring an additional 17,231 shares during the quarter. MONECO Advisors LLC owned about 1.10% of Invesco BulletShares 2029 High Yield Corporate Bond ETF worth $1,389,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BSJT. Envestnet Asset Management Inc. increased its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 28.0% during the second quarter. Envestnet Asset Management Inc. now owns 321,602 shares of the company’s stock worth $6,741,000 after purchasing an additional 70,293 shares in the last quarter. Atomi Financial Group Inc. purchased a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter valued at about $201,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 16.0% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 30,171 shares of the company’s stock valued at $639,000 after buying an additional 4,156 shares during the last quarter. GAMMA Investing LLC acquired a new stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter worth about $33,000. Finally, SFE Investment Counsel grew its stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 17.2% during the third quarter. SFE Investment Counsel now owns 246,294 shares of the company’s stock worth $5,384,000 after acquiring an additional 36,103 shares during the last quarter.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF stock traded down $0.07 during midday trading on Tuesday, hitting $21.56. The company had a trading volume of 2,013 shares, compared to its average volume of 41,009. The company has a fifty day simple moving average of $21.71 and a 200 day simple moving average of $21.35. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 12-month low of $19.39 and a 12-month high of $22.25.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were issued a $0.123 dividend. The ex-dividend date of this dividend was Monday, October 21st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 6.85%. This is a boost from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12.

Invesco BulletShares 2029 High Yield Corporate Bond ETF 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.