Forefront Wealth Partners LLC Buys Shares of 296,443 Invesco Senior Loan ETF $BKLN

Forefront Wealth Partners LLC bought a new position in Invesco Senior Loan ETF (NYSEARCA:BKLN) in the third quarter, Holdings Channel.com reports. The institutional investor bought 296,443 shares of the exchange traded fund’s stock, valued at approximately $6,205,000. Invesco Senior Loan ETF accounts for approximately 1.6% of Forefront Wealth Partners LLC’s portfolio, making the stock its 17th largest holding.

Several other hedge funds have also modified their holdings of the company. Blair William & Co. IL grew its position in shares of Invesco Senior Loan ETF by 2.8% in the 2nd quarter. Blair William & Co. IL now owns 21,113 shares of the exchange traded fund’s stock worth $442,000 after buying an additional 578 shares during the last quarter. Allworth Financial LP lifted its position in Invesco Senior Loan ETF by 11.1% during the second quarter. Allworth Financial LP now owns 6,242 shares of the exchange traded fund’s stock valued at $131,000 after acquiring an additional 626 shares during the last quarter. FSC Wealth Advisors LLC boosted its stake in Invesco Senior Loan ETF by 8.1% in the second quarter. FSC Wealth Advisors LLC now owns 8,819 shares of the exchange traded fund’s stock valued at $184,000 after acquiring an additional 659 shares in the last quarter. Golden State Wealth Management LLC grew its holdings in Invesco Senior Loan ETF by 26.9% in the second quarter. Golden State Wealth Management LLC now owns 3,153 shares of the exchange traded fund’s stock worth $66,000 after purchasing an additional 669 shares during the last quarter. Finally, Naples Global Advisors LLC increased its position in shares of Invesco Senior Loan ETF by 4.8% during the second quarter. Naples Global Advisors LLC now owns 15,335 shares of the exchange traded fund’s stock worth $321,000 after purchasing an additional 700 shares in the last quarter.

Invesco Senior Loan ETF Trading Up 0.1%

Shares of BKLN opened at $21.00 on Wednesday. Invesco Senior Loan ETF has a 12 month low of $20.02 and a 12 month high of $21.15. The stock has a fifty day moving average price of $20.94 and a 200-day moving average price of $20.93.

About Invesco Senior Loan ETF

The Invesco Senior Loan ETF (BKLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of senior loans issued by banks to corporations. BKLN was launched on Mar 3, 2011 and is managed by Invesco.