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

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw strong trading volume on Friday. Approximately 1,068,386 shares were traded during trading, an increase of 507% from the previous session’s volume of 176,052 shares. The stock last traded at $22.1750 and had previously closed at $22.13.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

The company has a 50-day moving average price of $22.32 and a two-hundred day moving average price of $22.37.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a $0.0938 dividend. The ex-dividend date was Monday, September 21st. This is a decrease from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0975. This represents a $1.13 dividend on an annualized basis and a yield of 5.1%.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Western Wealth Management LLC acquired a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 1st quarter worth approximately $45,000. Asset Dedication LLC increased its holdings 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 in the last quarter. Nalls Sherbakoff Group LLC purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the fourth quarter valued at approximately $194,000. Harbour Investments Inc. boosted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 35.0% during the fourth quarter. Harbour Investments Inc. now owns 9,342 shares of the company’s stock valued at $211,000 after buying an additional 2,422 shares during the last quarter. Finally, Nautilus Advisors LLC bought a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the first quarter worth $226,000.

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.