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

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw strong trading volume on Friday. Approximately 1,068,386 shares were traded during mid-day trading, an increase of 507% from the previous session’s volume of 176,052 shares. The stock last traded at $22.1750 and had previously closed at $22.13.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Up 0.1%

The stock has a fifty day moving average of $22.32 and a two-hundred day moving average of $22.37.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a $0.0938 dividend. The ex-dividend date of this dividend was Monday, September 21st. This is a negative change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0975. This represents a $1.13 annualized dividend and a dividend yield of 5.1%.

Hedge Funds Weigh In On Invesco BulletShares 2027 High Yield Corporate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in BSJR. Western Wealth Management LLC acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 1st quarter valued at approximately $45,000. Asset Dedication LLC lifted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.3% in the 1st quarter. Asset Dedication LLC now owns 2,873 shares of the company’s stock worth $64,000 after purchasing an additional 882 shares during the period. Nalls Sherbakoff Group LLC bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 4th quarter valued at $194,000. Harbour Investments Inc. boosted its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 35.0% in the 4th 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 last quarter. Finally, Nautilus Advisors LLC acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the first quarter worth $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.