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

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) shares saw an uptick in trading volume on Monday . 136,720 shares were traded during mid-day trading, a decline of 25% from the previous session’s volume of 181,417 shares.The stock last traded at $22.35 and had previously closed at $22.40.

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

The firm has a fifty day simple moving average of $22.43 and a two-hundred day simple moving average of $22.52.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were paid a dividend of $0.1011 per share. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Monday, May 18th. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC increased its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 9.3% during the 1st quarter. NewEdge Advisors LLC now owns 84,655 shares of the company’s stock valued at $1,893,000 after purchasing an additional 7,198 shares in the last quarter. Asset Dedication LLC increased its stake 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 valued at $64,000 after purchasing an additional 882 shares in the last quarter. Independent Wealth Advisors LLC lifted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 20.1% during the 1st quarter. Independent Wealth Advisors LLC now owns 86,188 shares of the company’s stock worth $1,928,000 after acquiring an additional 14,401 shares during the period. Western Wealth Management LLC acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 1st quarter worth about $45,000. Finally, Bank of America Corp DE lifted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 149.6% during the 1st quarter. Bank of America Corp DE now owns 536,744 shares of the company’s stock worth $12,004,000 after acquiring an additional 321,691 shares during the period.

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.