Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Strong Trading Volume – Here’s What Happened

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) shares saw unusually-high trading volume on Thursday . Approximately 233,035 shares were traded during trading, an increase of 28% from the previous session’s volume of 181,924 shares.The stock last traded at $22.35 and had previously closed at $22.36.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Trading Down 0.0%

The stock’s 50 day moving average price is $22.43 and its 200 day moving average price is $22.54.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 18th will be paid a dividend of $0.1011 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BSJR. GAMMA Investing LLC increased its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 68.1% during the 4th quarter. GAMMA Investing LLC now owns 1,140 shares of the company’s stock valued at $26,000 after acquiring an additional 462 shares during the last quarter. Imprint Wealth LLC acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 4th quarter valued at about $32,000. Wolff Wiese Magana LLC increased its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.5% during the 4th quarter. Wolff Wiese Magana LLC now owns 1,445 shares of the company’s stock worth $33,000 after purchasing an additional 445 shares in the last quarter. Western Wealth Management LLC acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 1st quarter worth approximately $45,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 81.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,459 shares of the company’s stock worth $56,000 after purchasing an additional 1,103 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.