Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Large Volume Increase – Time to Buy?

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) shares saw unusually-high trading volume on Monday . Approximately 136,720 shares traded hands during mid-day trading, a decline of 25% from the previous session’s volume of 181,417 shares.The stock last traded at $22.35 and had previously closed at $22.40.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

The business’s 50 day moving average is $22.42 and its 200 day moving average is $22.52.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 18th were given a $0.1011 dividend. This represents a c) dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Monday, May 18th. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.09.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. GAMMA Investing LLC raised its holdings 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 purchasing an additional 462 shares in the last quarter. Imprint Wealth LLC bought a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 4th quarter valued at $32,000. Wolff Wiese Magana LLC boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.5% during the fourth quarter. Wolff Wiese Magana LLC now owns 1,445 shares of the company’s stock worth $33,000 after purchasing an additional 445 shares during the period. Western Wealth Management LLC bought a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the first quarter worth approximately $45,000. Finally, Northwestern Mutual Wealth Management Co. boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 81.3% during the fourth 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 during the period.

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.