Envestnet Asset Management Inc. Sells 311,105 Shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF $BSJT

Envestnet Asset Management Inc. lessened its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) by 81.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 68,827 shares of the company’s stock after selling 311,105 shares during the period. Envestnet Asset Management Inc.’s holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF were worth $1,485,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Equitable Holdings Inc. lifted its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 7.6% in the 2nd quarter. Equitable Holdings Inc. now owns 594,497 shares of the company’s stock worth $12,794,000 after buying an additional 41,945 shares during the period. Modern Wealth Management LLC bought a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the second quarter valued at approximately $7,652,000. Kaye Capital Management raised its holdings in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 151.9% during the second quarter. Kaye Capital Management now owns 355,560 shares of the company’s stock valued at $7,652,000 after acquiring an additional 214,407 shares in the last quarter. SFE Investment Counsel lifted its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 6.0% in the second quarter. SFE Investment Counsel now owns 337,617 shares of the company’s stock worth $7,266,000 after acquiring an additional 19,089 shares during the period. Finally, IMA Advisory Services Inc. lifted its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 3.1% in the second quarter. IMA Advisory Services Inc. now owns 315,864 shares of the company’s stock worth $6,797,000 after acquiring an additional 9,501 shares during the period.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Trading Down 0.3%

NASDAQ:BSJT opened at $21.25 on Monday. The firm’s fifty day simple moving average is $21.50 and its 200 day simple moving average is $21.51. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a twelve month low of $19.95 and a twelve month high of $21.75.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a dividend of $0.1124 per share. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

About Invesco BulletShares 2029 High Yield Corporate Bond ETF

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.