Envestnet Asset Management Inc. Sells 375,165 Shares of Invesco Senior Loan ETF $BKLN

Envestnet Asset Management Inc. trimmed its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 9.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,714,274 shares of the exchange traded fund’s stock after selling 375,165 shares during the quarter. Envestnet Asset Management Inc. owned about 1.28% of Invesco Senior Loan ETF worth $77,740,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the business. Commonwealth Equity Services LLC grew its stake in shares of Invesco Senior Loan ETF by 61.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 409,643 shares of the exchange traded fund’s stock valued at $8,574,000 after buying an additional 155,549 shares during the period. Bain Capital Credit LP grew its stake in Invesco Senior Loan ETF by 28.2% in the second quarter. Bain Capital Credit LP now owns 3,561,802 shares of the exchange traded fund’s stock valued at $74,513,000 after acquiring an additional 784,368 shares during the period. AEGON USA Investment Management LLC increased its holdings in shares of Invesco Senior Loan ETF by 75.0% during the third quarter. AEGON USA Investment Management LLC now owns 63,000 shares of the exchange traded fund’s stock valued at $1,319,000 after acquiring an additional 27,000 shares in the last quarter. Mechanics Bank Trust Department increased its holdings in shares of Invesco Senior Loan ETF by 11.6% during the third quarter. Mechanics Bank Trust Department now owns 692,075 shares of the exchange traded fund’s stock valued at $14,485,000 after acquiring an additional 72,155 shares in the last quarter. Finally, Asset Allocation Strategies LLC raised its position in shares of Invesco Senior Loan ETF by 32.5% during the third quarter. Asset Allocation Strategies LLC now owns 111,217 shares of the exchange traded fund’s stock worth $2,328,000 after purchasing an additional 27,261 shares during the period.

Invesco Senior Loan ETF Price Performance

NYSEARCA BKLN opened at $20.68 on Monday. The company has a fifty day simple moving average of $20.94 and a 200 day simple moving average of $20.92. Invesco Senior Loan ETF has a 12-month low of $20.02 and a 12-month high of $21.09.

Invesco Senior Loan ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a $0.1078 dividend. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend was Tuesday, January 20th. This is a positive change 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.