Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Large Volume Increase – Here’s Why

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw unusually-strong trading volume on Tuesday . Approximately 215,029 shares were traded during trading, an increase of 21% from the previous session’s volume of 177,231 shares.The stock last traded at $22.2450 and had previously closed at $22.26.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Down 0.1%

The business’s fifty day simple moving average is $22.35 and its 200 day simple moving average is $22.39.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Monday, September 21st will be given a dividend of $0.0938 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Monday, September 21st.

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSJR. Western Wealth Management LLC bought a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 1st quarter valued at about $45,000. Asset Dedication LLC grew its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% in the first quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock valued at $64,000 after acquiring an additional 882 shares during the period. Nalls Sherbakoff Group LLC acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the fourth quarter valued at approximately $194,000. Harbour Investments Inc. grew its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 35.0% in the fourth quarter. Harbour Investments Inc. now owns 9,342 shares of the company’s stock valued at $211,000 after acquiring an additional 2,422 shares during the period. Finally, Nautilus Advisors LLC bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the first quarter valued at approximately $226,000.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

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.