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

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw strong trading volume on Monday . Approximately 231,953 shares changed hands during trading, an increase of 29% from the previous session’s volume of 180,227 shares.The stock last traded at $22.33 and had previously closed at $22.33.

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

The stock has a 50 day moving average price of $22.36 and a two-hundred day moving average price of $22.45.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

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

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

Several hedge funds have recently modified their holdings of the stock. Royal Bank of Canada lifted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 4.1% during the 1st 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 grew its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 153.2% during the 1st quarter. Jane Street Group LLC now owns 126,309 shares of the company’s stock worth $2,830,000 after buying an additional 76,426 shares during the period. Invesco Ltd. raised its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 28.9% during the second quarter. Invesco Ltd. now owns 133,930 shares of the company’s stock worth $3,041,000 after buying an additional 30,022 shares during the last quarter. HUB Investment Partners LLC lifted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.2% in the second 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. lifted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 8.5% in the second 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.

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.