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

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as $22.07 and last traded at $22.1150, with a volume of 16,763 shares traded. The stock had previously closed at $22.10.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Up 0.2%

The company has a 50 day moving average price of $22.27 and a 200-day moving average price of $22.35.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 23rd. Investors of record on Monday, October 19th will be paid 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. This represents a $1.17 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date is Monday, October 19th.

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

Institutional investors have recently bought and sold shares of the stock. River Street Advisors LLC acquired a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 1st quarter valued at about $3,175,000. Horizons Wealth Management bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter worth about $2,878,000. Intrua Financial LLC lifted its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 10.4% in the 1st quarter. Intrua Financial LLC now owns 350,571 shares of the company’s stock worth $7,841,000 after acquiring an additional 33,036 shares during the period. S.E.E.D. Planning Group LLC acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth approximately $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 worth approximately $71,316,000.

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.