Hennion & Walsh Asset Management Inc. Acquires 8,861 Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR)

Hennion & Walsh Asset Management Inc. grew its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) by 18.6% during the second quarter, Holdings Channel reports. The firm owned 56,616 shares of the company’s stock after acquiring an additional 8,861 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF were worth $1,250,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in BSJR. Larson Financial Group LLC bought a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 1st quarter worth approximately $27,000. Benjamin F. Edwards & Company Inc. bought a new position in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the fourth quarter worth $35,000. Geneos Wealth Management Inc. grew its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 95.3% in the first quarter. Geneos Wealth Management Inc. now owns 4,200 shares of the company’s stock worth $93,000 after purchasing an additional 2,050 shares during the period. B. Riley Wealth Advisors Inc. increased its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 30.4% in the first quarter. B. Riley Wealth Advisors Inc. now owns 12,308 shares of the company’s stock valued at $263,000 after purchasing an additional 2,866 shares in the last quarter. Finally, MONECO Advisors LLC raised its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 16.1% during the fourth quarter. MONECO Advisors LLC now owns 13,752 shares of the company’s stock valued at $308,000 after purchasing an additional 1,907 shares during the period.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

BSJR stock opened at $22.40 on Tuesday. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 1 year low of $20.89 and a 1 year high of $22.54. The company’s 50-day moving average is $22.26 and its 200-day moving average is $22.20.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 26th. Shareholders of record on Monday, July 22nd were issued a $0.131 dividend. The ex-dividend date of this dividend was Monday, July 22nd. This represents a $1.57 annualized dividend and a yield of 7.02%. This is a positive change from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous monthly dividend of $0.13.

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.