Exchange Traded Concepts LLC Boosts Stake in Invesco Senior Loan ETF $BKLN

Exchange Traded Concepts LLC increased its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 126.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 155,877 shares of the exchange traded fund’s stock after purchasing an additional 87,191 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Invesco Senior Loan ETF were worth $3,273,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Stance Capital LLC bought a new stake in Invesco Senior Loan ETF during the third quarter valued at about $28,000. Bogart Wealth LLC raised its stake in shares of Invesco Senior Loan ETF by 37.8% in the third quarter. Bogart Wealth LLC now owns 2,206 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 605 shares during the period. Ameriflex Group Inc. lifted its position in shares of Invesco Senior Loan ETF by 35.3% during the 3rd quarter. Ameriflex Group Inc. now owns 2,316 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 604 shares in the last quarter. Olistico Wealth LLC purchased a new position in shares of Invesco Senior Loan ETF during the 4th quarter valued at about $51,000. Finally, China Universal Asset Management Co. Ltd. bought a new position in shares of Invesco Senior Loan ETF during the 2nd quarter valued at approximately $62,000.

Invesco Senior Loan ETF Price Performance

Invesco Senior Loan ETF stock opened at $20.41 on Wednesday. The firm has a 50 day moving average of $20.56 and a 200 day moving average of $20.81. Invesco Senior Loan ETF has a 12-month low of $20.02 and a 12-month high of $21.07.

Invesco Senior Loan ETF Cuts Dividend

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

Invesco Senior Loan ETF 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.