Rovin Capital UT ADV Makes New $1.67 Million Investment in Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP)

Rovin Capital UT ADV bought a new stake in Invesco BulletShares 2025 High Yield Corporate Bond ETF (NASDAQ:BSJP) in the second quarter, HoldingsChannel reports. The firm bought 72,660 shares of the company’s stock, valued at approximately $1,665,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James & Associates grew its position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 33.2% in the 4th quarter. Raymond James & Associates now owns 64,093 shares of the company’s stock worth $1,457,000 after buying an additional 15,993 shares during the period. Capital Analysts LLC grew its holdings in Invesco BulletShares 2025 High Yield Corporate Bond ETF by 15.1% in the fourth quarter. Capital Analysts LLC now owns 34,427 shares of the company’s stock worth $783,000 after purchasing an additional 4,529 shares during the period. Key Financial Inc increased its stake in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 59.5% during the fourth quarter. Key Financial Inc now owns 13,584 shares of the company’s stock valued at $309,000 after purchasing an additional 5,065 shares in the last quarter. OLD Second National Bank of Aurora lifted its holdings in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 83.9% during the fourth quarter. OLD Second National Bank of Aurora now owns 35,259 shares of the company’s stock valued at $801,000 after purchasing an additional 16,086 shares during the last quarter. Finally, Western Wealth Management LLC boosted its position in shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF by 57.6% in the 4th quarter. Western Wealth Management LLC now owns 64,281 shares of the company’s stock worth $1,461,000 after purchasing an additional 23,500 shares in the last quarter.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Stock Performance

Shares of Invesco BulletShares 2025 High Yield Corporate Bond ETF stock traded up $0.02 during midday trading on Friday, hitting $23.12. The company had a trading volume of 157,856 shares, compared to its average volume of 268,607. The company has a 50 day moving average of $23.01 and a 200 day moving average of $22.95. Invesco BulletShares 2025 High Yield Corporate Bond ETF has a 52-week low of $22.16 and a 52-week high of $23.13.

Invesco BulletShares 2025 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 26th. Stockholders of record on Monday, July 22nd were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Monday, July 22nd. This is an increase from Invesco BulletShares 2025 High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. This represents a $1.44 annualized dividend and a dividend yield of 6.23%.

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.