Northwestern Mutual Wealth Management Co. Decreases Stock Holdings in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT)

Northwestern Mutual Wealth Management Co. lessened its stake in Invesco BulletShares 2029 High Yield Corporate Bond ETF (NASDAQ:BSJT) by 16.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,400 shares of the company’s stock after selling 3,930 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.49% of Invesco BulletShares 2029 High Yield Corporate Bond ETF worth $428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in BSJT. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 16.0% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 30,171 shares of the company’s stock worth $639,000 after buying an additional 4,156 shares during the last quarter. GAMMA Investing LLC purchased a new position in Invesco BulletShares 2029 High Yield Corporate Bond ETF in the second quarter worth $33,000. Rovin Capital UT ADV increased its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 44.2% during the second quarter. Rovin Capital UT ADV now owns 17,958 shares of the company’s stock worth $376,000 after purchasing an additional 5,504 shares in the last quarter. MONECO Advisors LLC increased its position in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF by 33.3% during the second quarter. MONECO Advisors LLC now owns 46,293 shares of the company’s stock worth $970,000 after purchasing an additional 11,552 shares in the last quarter. Finally, Atomi Financial Group Inc. purchased a new stake in shares of Invesco BulletShares 2029 High Yield Corporate Bond ETF during the 2nd quarter valued at $201,000.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Stock Performance

Shares of BSJT stock opened at $21.69 on Wednesday. The stock’s fifty day moving average price is $21.63 and its 200 day moving average price is $21.28. Invesco BulletShares 2029 High Yield Corporate Bond ETF has a 1-year low of $19.29 and a 1-year high of $22.25.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.116 dividend. This represents a $1.39 annualized dividend and a yield of 6.42%. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco BulletShares 2029 High Yield Corporate Bond ETF Company 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.