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

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw an uptick in trading volume on Tuesday . 227,565 shares were traded during trading, an increase of 17% from the previous session’s volume of 194,360 shares.The stock last traded at $22.38 and had previously closed at $22.45.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

The business has a fifty day simple moving average of $22.50 and a two-hundred day simple moving average of $22.59.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a $0.0944 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a c) annualized dividend and a yield of 5.0%.

Institutional Inflows and Outflows

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

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.