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

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw unusually-strong trading volume on Monday . Approximately 250,829 shares traded hands during 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 business has a fifty day simple moving average of $22.37 and a 200 day simple moving average of $22.43.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BSJR. Royal Bank of Canada lifted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 4.1% during the first quarter. Royal Bank of Canada now owns 157,038 shares of the company’s stock worth $3,519,000 after buying an additional 6,193 shares in the last quarter. Jane Street Group LLC boosted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 153.2% in the 1st quarter. Jane Street Group LLC now owns 126,309 shares of the company’s stock valued at $2,830,000 after purchasing an additional 76,426 shares during the last quarter. Invesco Ltd. boosted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 28.9% in the 2nd quarter. Invesco Ltd. now owns 133,930 shares of the company’s stock valued at $3,041,000 after purchasing an additional 30,022 shares during the last quarter. HUB Investment Partners LLC grew its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.2% in the 2nd quarter. HUB Investment Partners LLC now owns 85,148 shares of the company’s stock valued at $1,933,000 after buying an additional 1,858 shares during the period. Finally, Raymond James Financial Inc. grew its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 8.5% in the 2nd quarter. Raymond James Financial Inc. now owns 664,240 shares of the company’s stock valued at $15,082,000 after buying an additional 52,175 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.