Hennion & Walsh Asset Management Inc. Grows Stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR)

Hennion & Walsh Asset Management Inc. raised its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) by 38.1% in the third quarter, HoldingsChannel reports. The firm owned 78,194 shares of the company’s stock after acquiring an additional 21,578 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF were worth $1,775,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Rebalance LLC purchased a new position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF during the third quarter valued at $512,000. Segment Wealth Management LLC increased its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 16.3% during the 3rd quarter. Segment Wealth Management LLC now owns 62,750 shares of the company’s stock valued at $1,424,000 after purchasing an additional 8,810 shares during the period. Foundations Investment Advisors LLC bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter valued at about $246,000. AA Financial Advisors LLC bought a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter valued at about $251,000. Finally, Net Worth Advisory Group purchased a new stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF in the 3rd quarter worth approximately $287,000.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Price Performance

Shares of BSJR stock opened at $22.51 on Friday. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 52-week low of $21.00 and a 52-week high of $22.77. The company’s 50 day moving average is $22.58 and its 200 day moving average is $22.31.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 21st were given a dividend of $0.126 per share. This represents a $1.51 annualized dividend and a yield of 6.72%. The ex-dividend date was Monday, October 21st. 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 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.