Envestnet Asset Management Inc. Buys 104,285 Shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP)

Envestnet Asset Management Inc. grew its stake in Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) by 15.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 778,499 shares of the company’s stock after acquiring an additional 104,285 shares during the period. Envestnet Asset Management Inc. owned 1.82% of Invesco BulletShares 2025 High Yield Corporate Bond ETF worth $17,835,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Prevail Innovative Wealth Advisors LLC boosted its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 17.3% during the second quarter. Prevail Innovative Wealth Advisors LLC now owns 132,528 shares of the company’s stock valued at $3,036,000 after purchasing an additional 19,568 shares in the last quarter. Seaview Investment Managers LLC bought a new position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the second quarter valued at approximately $217,000. Werba Rubin Papier Wealth Management boosted its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 0.9% during the second quarter. Werba Rubin Papier Wealth Management now owns 165,877 shares of the company’s stock valued at $3,800,000 after purchasing an additional 1,425 shares in the last quarter. Koss Olinger Consulting LLC bought a new position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF during the second quarter valued at approximately $378,000. Finally, Private Advisor Group LLC boosted its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 4.6% during the second quarter. Private Advisor Group LLC now owns 130,436 shares of the company’s stock valued at $2,988,000 after purchasing an additional 5,713 shares in the last quarter.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Trading Up 0.1 %

NASDAQ BSJP opened at $23.04 on Tuesday. Invesco BulletShares 2025 High Yield Corporate Bond ETF has a 52-week low of $22.16 and a 52-week high of $23.21. The firm’s 50 day moving average price is $23.05 and its 200-day moving average price is $22.99.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were given a dividend of $0.122 per share. This is a boost from Invesco BulletShares 2025 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Monday, August 19th. This represents a $1.46 dividend on an annualized basis and a yield of 6.35%.

About Invesco BulletShares 2025 High Yield Corporate Bond ETF

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.