Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Hits New 12-Month Low – What’s Next?

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR)’s stock price reached a new 52-week low on Wednesday. The stock traded as low as $22.07 and last traded at $22.1150, with a volume of 16,763 shares trading hands. The stock had previously closed at $22.10.

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

The business has a 50-day moving average price of $22.28 and a 200-day moving average price of $22.36.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 23rd. Investors of record on Monday, October 19th will be paid a $0.0978 dividend. This represents a $1.17 annualized dividend and a dividend yield of 5.3%. This is a boost from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0938. The ex-dividend date is Monday, October 19th.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. River Street Advisors LLC purchased a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 1st quarter valued at $3,175,000. Horizons Wealth Management purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter worth approximately $2,878,000. Intrua Financial LLC raised its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 10.4% in the 1st quarter. Intrua Financial LLC now owns 350,571 shares of the company’s stock worth $7,841,000 after purchasing an additional 33,036 shares during the last quarter. S.E.E.D. Planning Group LLC bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter worth $2,002,000. Finally, Mirador Capital Partners LP bought a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth approximately $71,316,000.

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.