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

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) shares saw strong trading volume on Monday . Approximately 250,829 shares changed hands during mid-day trading, an increase of 38% from the previous session’s volume of 181,442 shares.The stock last traded at $22.39 and had previously closed at $22.42.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

The stock has a 50-day simple moving average of $22.36 and a 200-day simple moving average of $22.44.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Stockholders of record on Monday, July 20th were issued a dividend of $0.0985 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Monday, July 20th. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Imprint Wealth LLC purchased a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the fourth quarter worth approximately $32,000. Western Wealth Management LLC acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 1st quarter valued at $45,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 81.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,459 shares of the company’s stock valued at $56,000 after acquiring an additional 1,103 shares in the last quarter. Asset Dedication LLC boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% during the 1st quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock worth $64,000 after purchasing an additional 882 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter valued at $78,000.

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.