Invesco Senior Loan ETF $BKLN Shares Bought by Mechanics Bank Trust Department

Mechanics Bank Trust Department increased its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 11.6% during the third quarter, Holdings Channel reports. The fund owned 692,075 shares of the exchange traded fund’s stock after acquiring an additional 72,155 shares during the quarter. Invesco Senior Loan ETF comprises about 2.0% of Mechanics Bank Trust Department’s holdings, making the stock its 10th biggest holding. Mechanics Bank Trust Department’s holdings in Invesco Senior Loan ETF were worth $14,485,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Bartlett & CO. Wealth Management LLC bought a new position in shares of Invesco Senior Loan ETF in the second quarter valued at about $27,000. Bogart Wealth LLC acquired a new position in Invesco Senior Loan ETF in the 2nd quarter valued at about $33,000. Woodard & Co. Asset Management Group Inc. ADV grew its stake in Invesco Senior Loan ETF by 258.9% in the 2nd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 1,658 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 1,196 shares during the last quarter. Ameriflex Group Inc. raised its holdings in Invesco Senior Loan ETF by 213.6% in the 2nd quarter. Ameriflex Group Inc. now owns 1,712 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 1,166 shares during the period. Finally, China Universal Asset Management Co. Ltd. acquired a new stake in Invesco Senior Loan ETF during the second quarter worth approximately $62,000.

Invesco Senior Loan ETF Price Performance

NYSEARCA:BKLN opened at $21.01 on Monday. The stock has a 50 day simple moving average of $20.95 and a 200 day simple moving average of $20.93. Invesco Senior Loan ETF has a 1-year low of $20.02 and a 1-year high of $21.15.

Invesco Senior Loan ETF Company Profile

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.