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

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) shares saw unusually-strong trading volume on Friday . Approximately 578,874 shares were traded during mid-day trading, an increase of 195% from the previous session’s volume of 196,434 shares.The stock last traded at $22.19 and had previously closed at $22.26.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

The stock has a 50 day moving average of $22.53 and a 200-day moving average of $22.62.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.0944 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%.

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

A number of institutional investors and hedge funds have recently modified their holdings of BSJR. Mirador Capital Partners LP purchased a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter valued at approximately $30,641,000. Cetera Investment Advisers raised its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 76.2% during the 4th quarter. Cetera Investment Advisers now owns 1,401,930 shares of the company’s stock worth $31,704,000 after buying an additional 606,278 shares during the last quarter. LPL Financial LLC raised its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 28.6% during the 4th quarter. LPL Financial LLC now owns 1,859,953 shares of the company’s stock worth $42,062,000 after buying an additional 413,913 shares during the last quarter. Banta Asset Management LP acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 4th quarter valued at approximately $7,031,000. Finally, Larson Financial Group LLC lifted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 44.0% during the 4th quarter. Larson Financial Group LLC now owns 965,131 shares of the company’s stock valued at $21,826,000 after acquiring an additional 294,837 shares during the period.

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.