LPL Financial LLC Grows Stock Holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT)

LPL Financial LLC raised its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) by 51.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 914,358 shares of the company’s stock after buying an additional 312,520 shares during the quarter. LPL Financial LLC owned approximately 0.10% of Invesco BulletShares 2029 High Yield Corporate Bond ETF worth $19,562,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of BSJT. Legacy Financial Group LLC increased its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 37.4% in the 4th quarter. Legacy Financial Group LLC now owns 660,589 shares of the company’s stock valued at $14,133,000 after purchasing an additional 179,978 shares in the last quarter. SFE Investment Counsel grew its holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF by 20.4% in the fourth quarter. SFE Investment Counsel now owns 296,536 shares of the company’s stock valued at $6,344,000 after purchasing an additional 50,242 shares during the last quarter. GPM Growth Investors Inc. purchased a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the fourth quarter valued at $4,405,000. Advisory Alpha LLC acquired a new position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 4th quarter worth $3,233,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF in the 4th quarter worth about $2,533,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Price Performance

Shares of BSJT opened at $21.08 on Tuesday. The firm has a 50 day simple moving average of $21.47 and a 200-day simple moving average of $21.58. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1-year low of $20.67 and a 1-year high of $22.25.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.1171 dividend. This is an increase from Invesco BulletShares 2029 High Yield Corporate Bond ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Monday, March 24th.

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.