Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sets New 52-Week Low – Should You Sell?

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) reached a new 52-week low during mid-day trading on Friday. The stock traded as low as $22.07 and last traded at $22.08, with a volume of 136,231 shares trading hands. The stock had previously closed at $22.13.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

The company’s 50-day simple moving average is $22.24 and its 200 day simple moving average is $22.40.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were given a dividend of $0.0978 per share. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0938. The ex-dividend date of this dividend was Monday, October 19th. This represents a $1.17 dividend on an annualized basis and a yield of 5.3%.

Institutional Investors Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

Hedge funds have recently bought and sold shares of the company. Wagner Wealth Management Corp acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter worth approximately $1,048,000. Horizons Wealth Management acquired a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter valued at about $2,878,000. Farnam Financial LLC acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter worth $758,000. S.E.E.D. Planning Group LLC acquired a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter worth about $2,002,000. Finally, Mirador Capital Partners LP acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter valued at approximately $71,316,000.

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.