Royal Bank of Canada Purchases 7,070 Shares of Invesco Senior Loan ETF $BKLN

Royal Bank of Canada raised its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 0.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 783,769 shares of the exchange traded fund’s stock after purchasing an additional 7,070 shares during the period. Royal Bank of Canada owned 0.26% of Invesco Senior Loan ETF worth $16,224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Grimes & Company Inc. raised its position in Invesco Senior Loan ETF by 4.4% during the first quarter. Grimes & Company Inc. now owns 10,228,132 shares of the exchange traded fund’s stock valued at $211,722,000 after purchasing an additional 435,243 shares during the period. The Manufacturers Life Insurance Company raised its position in Invesco Senior Loan ETF by 14.6% during the first quarter. The Manufacturers Life Insurance Company now owns 10,149,176 shares of the exchange traded fund’s stock valued at $210,088,000 after purchasing an additional 1,294,816 shares during the period. Charles Schwab Investment Management Inc. raised its position in Invesco Senior Loan ETF by 4.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 8,324,170 shares of the exchange traded fund’s stock valued at $172,310,000 after purchasing an additional 383,092 shares during the period. Ameriprise Financial Inc. raised its position in Invesco Senior Loan ETF by 24.0% during the first quarter. Ameriprise Financial Inc. now owns 5,745,022 shares of the exchange traded fund’s stock valued at $118,922,000 after purchasing an additional 1,113,251 shares during the period. Finally, Corebridge Financial Inc. purchased a new stake in Invesco Senior Loan ETF during the first quarter valued at approximately $98,134,000.

Invesco Senior Loan ETF Stock Performance

Shares of BKLN stock opened at $20.96 on Wednesday. Invesco Senior Loan ETF has a 1 year low of $20.02 and a 1 year high of $21.19. The stock’s 50 day simple moving average is $20.94 and its two-hundred day simple moving average is $20.83.

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.