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

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw unusually-strong trading volume on Tuesday . Approximately 210,930 shares traded hands during mid-day trading, an increase of 17% from the previous session’s volume of 180,142 shares.The stock last traded at $22.37 and had previously closed at $22.36.

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

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

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were paid a $0.0985 dividend. This represents a c) dividend on an annualized basis and a 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 Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Imprint Wealth LLC acquired a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the fourth quarter worth about $32,000. Western Wealth Management LLC bought a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 1st quarter worth approximately $45,000. Northwestern Mutual Wealth Management Co. lifted 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 valued at $56,000 after purchasing an additional 1,103 shares during the period. Asset Dedication LLC grew its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% during the first quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock worth $64,000 after purchasing an additional 882 shares during the period. Finally, Advisory Services Network LLC acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter valued at $78,000.

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.