Envestnet Asset Management Inc. Sells 293,454 Shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF $BSJR

Envestnet Asset Management Inc. lessened its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) by 88.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 37,855 shares of the company’s stock after selling 293,454 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.13% of Invesco BulletShares 2027 High Yield Corporate Bond ETF worth $861,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of BSJR. Royal Bank of Canada boosted its stake in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 4.1% during the first quarter. Royal Bank of Canada now owns 157,038 shares of the company’s stock valued at $3,519,000 after purchasing an additional 6,193 shares during the period. Jane Street Group LLC increased its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 153.2% in the 1st quarter. Jane Street Group LLC now owns 126,309 shares of the company’s stock worth $2,830,000 after buying an additional 76,426 shares during the period. Atlantic Union Bankshares Corp increased its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 10.0% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 10,984 shares of the company’s stock worth $249,000 after buying an additional 999 shares during the period. Valtinson Bruner Financial Planning LLC lifted its holdings in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.4% during the 2nd quarter. Valtinson Bruner Financial Planning LLC now owns 20,413 shares of the company’s stock valued at $463,000 after buying an additional 473 shares in the last quarter. Finally, Rovin Capital UT ADV boosted its position in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 2.7% in the 2nd quarter. Rovin Capital UT ADV now owns 283,528 shares of the company’s stock valued at $6,438,000 after buying an additional 7,526 shares during the period.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of BSJR stock opened at $22.53 on Thursday. The company’s 50-day simple moving average is $22.61 and its two-hundred day simple moving average is $22.65. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a one year low of $21.54 and a one year high of $22.86.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were paid a $0.0981 dividend. The ex-dividend date of this dividend was Monday, February 23rd. This represents a c) annualized dividend and a yield of 5.2%.

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.