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

Cwm LLC has increased its investment in the Invesco BulletShares 2026 High Yield Corporate Bond ETF (NASDAQ:BSJQ) by 21.6% during the third quarter of 2024. According to recent reports, the firm now holds 520,856 shares after acquiring an additional 92,554 shares in this period. The value of Cwm LLC’s investment in the ETF is approximately $12.22 million, as noted in their latest filing with the SEC.

Other large investors have also made significant moves regarding shares of BSJQ. For instance, Cetera Investment Advisers established a new position in the first quarter valued at $20.24 million. Meanwhile, Legacy Financial Group LLC experienced a substantial increase in their stake, expanding it by 3,376.0% and acquiring 632,731 shares valued at around $14.67 million after purchasing an additional 614,528 shares during the same quarter. Furthermore, Raymond James Financial Services Advisors Inc. invested approximately $13.36 million by acquiring new shares in the second quarter. Mirador Capital Partners LP also increased its stake by 892.2% in the third quarter, now owning 179,838 shares worth around $4.22 million after acquiring an additional 161,712 shares. GPM Growth Investors Inc. made a new investment in the ETF during the second quarter, valued at about $3.67 million.

Market Performance of Invesco BulletShares 2026 High Yield Corporate Bond ETF

The Invesco BulletShares 2026 High Yield Corporate Bond ETF saw a slight increase of 0.2% in its trading value. As of the last trading session, NASDAQ BSJQ opened at $23.47. The ETF has a 50-day moving average of $23.35, and its 200-day moving average stands at $23.20. Throughout the past year, the ETF has fluctuated between a low of $22.21 and a high of $23.56.

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 securities. This fund aims to track an index consisting of high-yield corporate bonds with maturity dates in 2026. Launched on August 9, 2018, the ETF is managed by Invesco, a well-known fund management company.

Conclusion

As the investment landscape evolves, Cwm LLC's increased position in the Invesco BulletShares 2026 High Yield Corporate Bond ETF reflects confidence in the potential of high-yield bonds. With various large investors recognizing the value of this ETF, it is important for investors to continuously monitor market trends and strategic positions in these financial instruments.

investment, ETF, bond