Raymond James Financial Inc. Takes $3.51 Million Position in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR)

Raymond James Financial Inc. acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF (NASDAQ:BSJR) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 156,531 shares of the company’s stock, valued at approximately $3,506,000.

Several other hedge funds have also added to or reduced their stakes in the business. Jones Financial Companies Lllp grew its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 176.5% in the fourth quarter. Jones Financial Companies Lllp now owns 99,844 shares of the company’s stock valued at $2,236,000 after acquiring an additional 63,731 shares during the period. Private Trust Co. NA lifted its holdings in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 17.0% during the 4th quarter. Private Trust Co. NA now owns 5,162 shares of the company’s stock valued at $116,000 after purchasing an additional 750 shares in the last quarter. Altrius Capital Management Inc grew its position in shares of Invesco BulletShares 2027 High Yield Corporate Bond ETF by 110.1% in the 4th quarter. Altrius Capital Management Inc now owns 91,682 shares of the company’s stock valued at $2,054,000 after purchasing an additional 48,036 shares during the period. Oppenheimer & Co. Inc. increased its stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF by 24.1% during the 4th quarter. Oppenheimer & Co. Inc. now owns 12,031 shares of the company’s stock worth $269,000 after purchasing an additional 2,335 shares in the last quarter. Finally, WESPAC Advisors LLC acquired a new stake in Invesco BulletShares 2027 High Yield Corporate Bond ETF during the 4th quarter worth approximately $309,000.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Stock Performance

Shares of NASDAQ:BSJR opened at $22.40 on Friday. Invesco BulletShares 2027 High Yield Corporate Bond ETF has a 12 month low of $21.82 and a 12 month high of $22.77. The company’s fifty day simple moving average is $22.58 and its 200 day simple moving average is $22.58.

Invesco BulletShares 2027 High Yield Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be paid a $0.1195 dividend. This is an increase from Invesco BulletShares 2027 High Yield Corporate Bond ETF’s previous dividend of $0.12. The ex-dividend date of this dividend is Monday, March 24th.

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.