Florin Court Capital LLP Has $3.82 Million Stake in Invesco Senior Loan ETF $BKLN

Florin Court Capital LLP boosted its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 30.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 182,500 shares of the exchange traded fund’s stock after acquiring an additional 42,600 shares during the quarter. Invesco Senior Loan ETF accounts for approximately 3.0% of Florin Court Capital LLP’s investment portfolio, making the stock its 10th biggest holding. Florin Court Capital LLP owned 0.06% of Invesco Senior Loan ETF worth $3,820,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in BKLN. Bartlett & CO. Wealth Management LLC purchased a new position in shares of Invesco Senior Loan ETF during the second quarter valued at approximately $27,000. Bogart Wealth LLC purchased a new stake in Invesco Senior Loan ETF in the 2nd quarter valued at $33,000. Woodard & Co. Asset Management Group Inc. ADV lifted its stake in Invesco Senior Loan ETF by 258.9% during the 2nd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 1,658 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 1,196 shares in the last quarter. Ameriflex Group Inc. boosted its holdings in Invesco Senior Loan ETF by 213.6% during the 2nd quarter. Ameriflex Group Inc. now owns 1,712 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 1,166 shares during the last quarter. Finally, China Universal Asset Management Co. Ltd. purchased a new position in Invesco Senior Loan ETF during the 2nd quarter worth $62,000.

Invesco Senior Loan ETF Trading Down 0.1%

Shares of BKLN stock opened at $20.82 on Wednesday. The firm has a 50-day moving average of $20.97 and a 200-day moving average of $20.94. Invesco Senior Loan ETF has a one year low of $20.02 and a one year high of $21.09.

Invesco Senior Loan ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a dividend of $0.1078 per share. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 6.2%. This is an increase from Invesco Senior Loan ETF’s previous monthly dividend of $0.10.

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.