Stratos Wealth Partners LTD. Cuts Stock Holdings in Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP)

Stratos Wealth Partners LTD. trimmed its holdings in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) by 13.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 13,761 shares of the company’s stock after selling 2,188 shares during the period. Stratos Wealth Partners LTD.’s holdings in Invesco BulletShares 2025 High Yield Corporate Bond ETF were worth $317,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $10,636,000. Avantax Advisory Services Inc. increased its holdings in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 16.1% in the fourth quarter. Avantax Advisory Services Inc. now owns 33,823 shares of the company’s stock worth $780,000 after purchasing an additional 4,699 shares during the last quarter. Harbour Investments Inc. increased its holdings in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 7.0% in the fourth quarter. Harbour Investments Inc. now owns 29,317 shares of the company’s stock worth $676,000 after purchasing an additional 1,917 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 40.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 141,245 shares of the company’s stock worth $3,268,000 after buying an additional 40,713 shares during the period. Finally, VSM Wealth Advisory LLC purchased a new position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $165,000.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Trading Down 0.0%

Shares of NASDAQ BSJP opened at $23.09 on Wednesday. The stock has a 50 day moving average price of $23.08 and a 200 day moving average price of $23.08. Invesco BulletShares 2025 High Yield Corporate Bond ETF has a 52-week low of $22.58 and a 52-week high of $23.23.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were given a $0.0868 dividend. This represents a $1.04 annualized dividend and a dividend yield of 4.51%. The ex-dividend date of this dividend was Monday, June 23rd.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Profile

The Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) 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 2025. BSJP was launched on Sep 27, 2017 and is managed by Invesco.