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

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) shares saw unusually-high trading volume on Monday . Approximately 150,220 shares changed hands during mid-day trading, a decline of 16% from the previous session’s volume of 177,942 shares.The stock last traded at $22.31 and had previously closed at $22.38.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

The stock has a fifty day moving average price of $22.38 and a 200 day moving average price of $22.48.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a $0.0982 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 68.1% in the 4th quarter. GAMMA Investing LLC now owns 1,140 shares of the company’s stock worth $26,000 after acquiring an additional 462 shares during the period. Imprint Wealth LLC bought a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the fourth quarter valued at about $32,000. Wolff Wiese Magana LLC boosted its holdings 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 valued at $33,000 after acquiring an additional 445 shares during the period. Western Wealth Management LLC acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the first quarter valued at about $45,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 81.3% in the fourth 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 last quarter.

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.