Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Unusually-High Trading Volume – Here’s Why

Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) saw unusually-strong trading volume on Monday. 247,046 shares were traded during trading, an increase of 38% from the average daily volume of 179,099 shares. The stock last traded at $22.0920 and had previously closed at $22.08.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

The stock has a 50-day simple moving average of $22.24 and a 200-day simple moving average of $22.39.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 23rd. Investors of record on Monday, October 19th were 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 was Monday, October 19th.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mirador Capital Partners LP acquired a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter valued at about $71,316,000. Cetera Investment Advisers lifted its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 15.0% in the 1st quarter. Cetera Investment Advisers now owns 1,612,081 shares of the company’s stock worth $36,054,000 after acquiring an additional 210,151 shares during the period. Collective Family Office LLC acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth approximately $18,324,000. Altium Investment Strategies LLC acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth approximately $16,533,000. Finally, Bank of America Corp DE boosted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 149.6% in the first quarter. Bank of America Corp DE now owns 536,744 shares of the company’s stock valued at $12,004,000 after acquiring an additional 321,691 shares in the last quarter.

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.