CIBC Bancorp USA Inc. Invests $32.73 Million in Invesco Senior Loan ETF $BKLN

CIBC Bancorp USA Inc. bought a new position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 1,563,813 shares of the exchange traded fund’s stock, valued at approximately $32,731,000.

Other institutional investors have also bought and sold shares of the company. Stance Capital LLC acquired a new position in Invesco Senior Loan ETF during the third quarter worth $28,000. Bogart Wealth LLC boosted its stake in shares of Invesco Senior Loan ETF by 37.8% in the 3rd quarter. Bogart Wealth LLC now owns 2,206 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 605 shares in the last quarter. Ameriflex Group Inc. boosted its stake in shares of Invesco Senior Loan ETF by 35.3% in the 3rd quarter. Ameriflex Group Inc. now owns 2,316 shares of the exchange traded fund’s stock valued at $48,000 after purchasing an additional 604 shares in the last quarter. China Universal Asset Management Co. Ltd. bought a new stake in shares of Invesco Senior Loan ETF in the 2nd quarter worth about $62,000. Finally, Shenkman Capital Management Inc. grew its holdings in shares of Invesco Senior Loan ETF by 37.2% in the 2nd quarter. Shenkman Capital Management Inc. now owns 3,737,000 shares of the exchange traded fund’s stock worth $78,000 after purchasing an additional 1,012,895 shares during the last quarter.

Invesco Senior Loan ETF Trading Down 0.0%

Shares of Invesco Senior Loan ETF stock opened at $20.53 on Thursday. Invesco Senior Loan ETF has a 12-month low of $20.02 and a 12-month high of $21.07. The company has a 50-day simple moving average of $20.67 and a 200 day simple moving average of $20.84.

Invesco Senior Loan ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 23rd were paid a $0.1006 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%.

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.