Bay Capital Advisors LLC Reduces Stake in Invesco Senior Loan ETF $BKLN

Bay Capital Advisors LLC lowered its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 41.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 170,479 shares of the exchange traded fund’s stock after selling 121,263 shares during the period. Invesco Senior Loan ETF comprises about 2.2% of Bay Capital Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Bay Capital Advisors LLC’s holdings in Invesco Senior Loan ETF were worth $3,580,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Stance Capital LLC bought a new position in Invesco Senior Loan ETF in the third quarter valued at about $28,000. Bogart Wealth LLC grew its stake in shares of Invesco Senior Loan ETF by 37.8% during 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 during the period. Ameriflex Group Inc. grew its stake 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 purchasing an additional 604 shares during the period. Olistico Wealth LLC purchased a new stake in shares of Invesco Senior Loan ETF during the 4th quarter valued at about $51,000. Finally, China Universal Asset Management Co. Ltd. purchased a new stake in shares of Invesco Senior Loan ETF during the 2nd quarter valued at about $62,000.

Invesco Senior Loan ETF Trading Up 0.2%

Shares of NYSEARCA:BKLN opened at $20.45 on Thursday. The firm’s 50 day moving average price is $20.55 and its 200-day moving average price is $20.81. Invesco Senior Loan ETF has a twelve month low of $20.02 and a twelve month high of $21.07.

Invesco Senior Loan ETF Cuts Dividend

The firm 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. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a yield of 5.9%.

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.