Assetmark Inc. Increases Position in Invesco Senior Loan ETF $BKLN

Assetmark Inc. grew its position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 8.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,312,155 shares of the exchange traded fund’s stock after purchasing an additional 263,235 shares during the period. Assetmark Inc.’s holdings in Invesco Senior Loan ETF were worth $69,323,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets raised its holdings in shares of Invesco Senior Loan ETF by 44,959.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 2,637,345 shares of the exchange traded fund’s stock valued at $55,173,000 after buying an additional 2,631,492 shares during the period. Investment Management Corp of Ontario grew its position in Invesco Senior Loan ETF by 34.7% in the 2nd quarter. Investment Management Corp of Ontario now owns 9,726,878 shares of the exchange traded fund’s stock valued at $203,486,000 after acquiring an additional 2,506,226 shares in the last quarter. JPMorgan Chase & Co. grew its position in Invesco Senior Loan ETF by 83.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,943,994 shares of the exchange traded fund’s stock valued at $82,508,000 after acquiring an additional 1,795,940 shares in the last quarter. Angeles Investment Advisors LLC purchased a new stake in Invesco Senior Loan ETF during the second quarter worth about $34,848,000. Finally, Hilton Capital Management LLC acquired a new stake in shares of Invesco Senior Loan ETF during the second quarter worth about $32,394,000.

Invesco Senior Loan ETF Price Performance

NYSEARCA BKLN opened at $20.62 on Friday. The firm has a 50 day simple moving average of $20.92 and a 200-day simple moving average of $20.91. Invesco Senior Loan ETF has a one year low of $20.02 and a one year high of $21.09.

Invesco Senior Loan ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a $0.1078 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 6.3%. This is a boost from Invesco Senior Loan ETF’s previous monthly dividend of $0.10.

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.