Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sees Large Volume Increase After Dividend Announcement

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) shares saw unusually-strong trading volume on Monday following a dividend announcement from the company. Approximately 150,220 shares were traded during 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.

The newly announced dividend which will be paid on Friday, July 24th. Investors of record on Monday, July 20th will be given a $0.0985 dividend. This is a boost from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date is Monday, July 20th. This represents a c) annualized dividend and a dividend yield of 5.3%.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

The business’s 50 day moving average is $22.38 and its 200 day moving average is $22.47.

Institutional Trading of Invesco BulletShares 2027 High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of BSJR. Mirador Capital Partners LP grew its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 57.4% during the fourth quarter. Mirador Capital Partners LP now owns 2,121,083 shares of the company’s stock valued at $47,967,000 after buying an additional 773,615 shares in the last quarter. Cetera Investment Advisers lifted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 76.2% in the 4th quarter. Cetera Investment Advisers now owns 1,401,930 shares of the company’s stock worth $31,704,000 after acquiring an additional 606,278 shares in the last quarter. LPL Financial LLC lifted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 28.6% in the 4th quarter. LPL Financial LLC now owns 1,859,953 shares of the company’s stock worth $42,062,000 after acquiring an additional 413,913 shares in the last quarter. Bank of America Corp DE boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 149.6% during the 1st quarter. Bank of America Corp DE now owns 536,744 shares of the company’s stock worth $12,004,000 after acquiring an additional 321,691 shares during the period. Finally, Banta Asset Management LP acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 4th quarter worth about $7,031,000.

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.