Ironwood Financial llc Boosts Position in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR)

Ironwood Financial llc raised its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) by 3.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 202,877 shares of the company’s stock after purchasing an additional 7,368 shares during the period. Invesco BulletShares 2027 High Yield Corporate Bond ETF accounts for about 1.0% of Ironwood Financial llc’s holdings, making the stock its 28th biggest position. Ironwood Financial llc owned 2.31% of Invesco BulletShares 2027 High Yield Corporate Bond ETF worth $4,514,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in BSJR. Envestnet Asset Management Inc. increased its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 95.9% during the third quarter. Envestnet Asset Management Inc. now owns 220,429 shares of the company’s stock worth $4,718,000 after purchasing an additional 107,921 shares in the last quarter. LPL Financial LLC lifted its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 24.8% in the third quarter. LPL Financial LLC now owns 229,638 shares of the company’s stock valued at $4,915,000 after buying an additional 45,603 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 8.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 248,065 shares of the company’s stock valued at $5,310,000 after acquiring an additional 19,120 shares during the period. IMA Wealth Inc. purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter worth approximately $530,000. Finally, B. Riley Wealth Advisors Inc. increased its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 17.7% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 12,308 shares of the company’s stock valued at $263,000 after acquiring an additional 1,850 shares during the period.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

BSJR stock traded down $0.02 during trading on Friday, hitting $22.08. The company had a trading volume of 66,419 shares, compared to its average volume of 56,886. The firm has a 50-day moving average price of $22.11 and a 200-day moving average price of $22.21. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1-year low of $20.89 and a 1-year high of $22.54.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a $0.1264 dividend. This represents a $1.52 annualized dividend and a dividend yield of 6.87%. The ex-dividend date was Monday, June 24th. This is a boost from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.12.

Invesco BulletShares 2027 High Yield Corporate Bond ETF 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.