Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) Sets New 12-Month Low – Here’s Why

Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR)’s share price reached a new 52-week low during mid-day trading on Friday. The company traded as low as $22.07 and last traded at $22.08, with a volume of 136,231 shares changing hands. The stock had previously closed at $22.13.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Trading Down 0.3%

The firm has a fifty day simple moving average of $22.24 and a 200-day simple moving average of $22.40.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 23rd. Shareholders of record on Monday, October 19th were issued a $0.0978 dividend. This represents a $1.17 annualized dividend and a yield of 5.3%. This is a boost from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.0938. The ex-dividend date was Monday, October 19th.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Wagner Wealth Management Corp acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 3rd quarter worth about $1,048,000. Horizons Wealth Management bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter worth $2,878,000. Farnam Financial LLC acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter valued at about $758,000. S.E.E.D. Planning Group LLC acquired a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter worth $2,002,000. Finally, Mirador Capital Partners LP acquired a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the third quarter valued at about $71,316,000.

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.