Citigroup Inc. Decreases Stock Holdings in Invesco Senior Loan ETF $BKLN

Citigroup Inc. lessened its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 31.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 583,719 shares of the exchange traded fund’s stock after selling 265,111 shares during the quarter. Citigroup Inc.’s holdings in Invesco Senior Loan ETF were worth $12,217,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets grew its position in shares of Invesco Senior Loan ETF by 44,959.7% in the second quarter. BNP Paribas Financial Markets now owns 2,637,345 shares of the exchange traded fund’s stock valued at $55,173,000 after purchasing an additional 2,631,492 shares during the period. Investment Management Corp of Ontario lifted its stake 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 buying an additional 2,506,226 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings 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 worth $82,508,000 after buying an additional 1,795,940 shares during the last quarter. Angeles Investment Advisors LLC purchased a new stake in Invesco Senior Loan ETF during the 2nd quarter worth approximately $34,848,000. Finally, Hilton Capital Management LLC acquired a new position in shares of Invesco Senior Loan ETF during the second quarter valued at approximately $32,394,000.

Invesco Senior Loan ETF Stock Performance

NYSEARCA BKLN opened at $20.21 on Friday. The stock’s 50 day simple moving average is $20.81 and its 200-day simple moving average is $20.88. Invesco Senior Loan ETF has a 1-year low of $20.02 and a 1-year high of $21.07.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a dividend of $0.1006 per share. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend was Monday, February 23rd.

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.