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

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw unusually-high trading volume on Monday . Approximately 250,829 shares were traded during mid-day 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 Price Performance

The company has a fifty day simple moving average of $22.36 and a 200-day simple moving average of $22.44.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were issued a $0.0985 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, July 20th.

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. Asset Dedication LLC increased its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% in the first quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock valued at $64,000 after buying an additional 882 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.0% during the fourth quarter. Integrated Wealth Concepts LLC now owns 53,642 shares of the company’s stock worth $1,213,000 after acquiring an additional 1,056 shares during the last quarter. Key Financial Inc boosted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 3.4% during the fourth quarter. Key Financial Inc now owns 33,774 shares of the company’s stock worth $764,000 after purchasing an additional 1,100 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 81.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,459 shares of the company’s stock worth $56,000 after buying an additional 1,103 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 6.2% in the first quarter. Geneos Wealth Management Inc. now owns 19,930 shares of the company’s stock worth $446,000 after acquiring an additional 1,160 shares during 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.