ETFs

Cwm LLC Increases Stake in Invesco BulletShares 2026 High Yield Corporate Bond ETF

Published October 12, 2024

In the third quarter of 2024, Cwm LLC significantly increased its position in the Invesco BulletShares 2026 High Yield Corporate Bond ETF, known by its NASDAQ ticker BSJQ, by 21.6%. According to reports, Cwm LLC now holds 520,856 shares after acquiring an additional 92,554 shares during this period. The value of its investments in this ETF amounts to approximately $12,217,000 as per the latest filings with the SEC.

Alongside Cwm LLC, several other institutional investors have also made moves to buy or adjust their investments in BSJQ. For instance, Cetera Investment Advisers entered into a new position during the first quarter valued at $20,243,000. In the same vein, Legacy Financial Group LLC boosted its stake in the ETF by an astonishing 3,376.0% during the first quarter, resulting in ownership of 632,731 shares valued at around $14,667,000 after purchasing an additional 614,528 shares.

Additionally, Raymond James Financial Services Advisors Inc. established a new stake in BSJQ during the second quarter, with a valuation of about $13,355,000. Mirador Capital Partners LP also made strategic investments, increasing its position by 892.2% in the third quarter, holding now 179,838 shares worth approximately $4,218,000 after acquiring 161,712 additional shares. Finally, GPM Growth Investors Inc. initiated a new investment in the fund during the second quarter valued at around $3,669,000.

Current Status of BSJQ

As of today, the Invesco BulletShares 2026 High Yield Corporate Bond ETF is currently trading at $23.47, reflecting a marginal gain of 0.2%. The ETF has shown a 50-day moving average of $23.35 and a 200-day moving average at $23.20. Investors have noted a 12-month low of $22.21 and a high of $23.56 for this ETF.

About Invesco BulletShares 2026 High Yield Corporate Bond ETF

The Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) is an exchange-traded fund that primarily invests in high-yield fixed income instruments. Specifically, the fund aims to track a market-value-weighted index of high-yield corporate bonds that are set to mature in 2026. This ETF has been operational since its launch on August 9, 2018, and is managed by Invesco.

Final Thoughts

For investors keen on exploring the latest developments concerning Invesco BulletShares 2026 High Yield Corporate Bond ETF, it's essential to monitor ongoing swings in both demand and overall market conditions that affect this sector.

Cwm, Investment, ETF