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

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw strong trading volume on Tuesday . Approximately 160,249 shares traded hands during trading, a decline of 10% from the previous session’s volume of 178,896 shares.The stock last traded at $22.38 and had previously closed at $22.38.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Trading Up 0.0%

The stock’s 50-day simple moving average is $22.40 and its 200 day simple moving average is $22.49.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

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

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

Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 4.1% in the 1st quarter. Royal Bank of Canada now owns 157,038 shares of the company’s stock valued at $3,519,000 after acquiring an additional 6,193 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 153.2% during the first quarter. Jane Street Group LLC now owns 126,309 shares of the company’s stock valued at $2,830,000 after purchasing an additional 76,426 shares during the period. Invesco Ltd. boosted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 28.9% during the 2nd quarter. Invesco Ltd. now owns 133,930 shares of the company’s stock worth $3,041,000 after purchasing an additional 30,022 shares in the last quarter. HUB Investment Partners LLC boosted its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.2% during the 2nd quarter. HUB Investment Partners LLC now owns 85,148 shares of the company’s stock worth $1,933,000 after purchasing an additional 1,858 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 8.5% in the 2nd quarter. Raymond James Financial Inc. now owns 664,240 shares of the company’s stock valued at $15,082,000 after buying an additional 52,175 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.