Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Hits New 52-Week Low – Here’s What Happened

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as $22.19 and last traded at $22.1990, with a volume of 19975 shares traded. The stock had previously closed at $22.24.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Trading Down 0.3%

The stock has a fifty day moving average of $22.35 and a 200 day moving average of $22.39.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, September 25th. Investors of record on Monday, September 21st will be given a dividend of $0.0938 per share. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date is Monday, September 21st.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of BSJR. Western Wealth Management LLC purchased a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the first quarter valued at $45,000. Asset Dedication LLC raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% during the 1st quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock worth $64,000 after acquiring an additional 882 shares during the period. Nalls Sherbakoff Group LLC acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 4th quarter worth approximately $194,000. Harbour Investments Inc. raised its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 35.0% in the fourth quarter. Harbour Investments Inc. now owns 9,342 shares of the company’s stock valued at $211,000 after purchasing an additional 2,422 shares during the period. Finally, Nautilus Advisors LLC acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the first quarter valued at about $226,000.

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.