Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Large Volume Increase – Still a Buy?

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw unusually-strong trading volume on Friday . Approximately 578,874 shares were traded during trading, an increase of 195% from the previous session’s volume of 196,434 shares.The stock last traded at $22.19 and had previously closed at $22.26.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Trading Down 0.3%

The firm’s fifty day simple moving average is $22.54 and its two-hundred day simple moving average is $22.62.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, March 27th. Investors of record on Monday, March 23rd will be paid a dividend of $0.0944 per share. The ex-dividend date is Monday, March 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%.

Institutional Investors Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of BSJR. GAMMA Investing LLC increased its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 68.1% in the 4th quarter. GAMMA Investing LLC now owns 1,140 shares of the company’s stock worth $26,000 after buying an additional 462 shares in the last quarter. Imprint Wealth LLC purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the fourth quarter valued at about $32,000. Wolff Wiese Magana LLC boosted its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.5% in the fourth quarter. Wolff Wiese Magana LLC now owns 1,445 shares of the company’s stock worth $33,000 after acquiring an additional 445 shares during the period. Asset Dedication LLC bought a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the second quarter worth about $45,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 81.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,459 shares of the company’s stock worth $56,000 after purchasing an additional 1,103 shares in the last quarter.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Company Profile

The Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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 2027. BSJR was launched on Sep 12, 2019 and is managed by Invesco.