Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Large Volume Increase After Dividend Announcement

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw strong trading volume on Monday after the company announced a dividend. 150,220 shares traded hands during trading, a decline of 16% from the previous session’s volume of 177,942 shares.The stock last traded at $22.31 and had previously closed at $22.38.

The newly announced dividend which will be paid on Friday, July 24th. Investors of record on Monday, July 20th will be paid a $0.0985 dividend. This represents a c) dividend on an annualized basis and a yield of 5.3%. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend is Monday, July 20th.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

The business’s 50 day moving average is $22.38 and its 200 day moving average is $22.47.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Mirador Capital Partners LP boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 6.3% during the second quarter. Mirador Capital Partners LP now owns 2,395,160 shares of the company’s stock valued at $53,521,000 after purchasing an additional 142,552 shares in the last quarter. LPL Financial LLC raised its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 28.6% in the fourth quarter. LPL Financial LLC now owns 1,859,953 shares of the company’s stock worth $42,062,000 after purchasing an additional 413,913 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 15.0% during the first quarter. Cetera Investment Advisers now owns 1,612,081 shares of the company’s stock valued at $36,054,000 after buying an additional 210,151 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.0% during the fourth quarter. Larson Financial Group LLC now owns 965,131 shares of the company’s stock valued at $21,826,000 after buying an additional 294,837 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 12.2% in the 3rd quarter. Raymond James Financial Inc. now owns 744,972 shares of the company’s stock valued at $16,941,000 after buying an additional 80,732 shares in the last quarter.

About Invesco BulletShares 2027 High Yield Corporate Bond ETF

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.