Brookstone Capital Management Lowers Stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR)

Brookstone Capital Management lowered its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) by 14.1% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 31,035 shares of the company’s stock after selling 5,109 shares during the period. Brookstone Capital Management’s holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF were worth $691,000 at the end of the most recent reporting period.

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

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

Shares of BSJR stock opened at $22.08 on Monday. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 52 week low of $20.89 and a 52 week high of $22.54. The firm has a 50 day moving average of $22.11 and a two-hundred day moving average of $22.21.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

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

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.