Advisory Alpha LLC Purchases 66,518 Shares of Invesco Senior Loan ETF $BKLN

Advisory Alpha LLC boosted its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 58.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 179,857 shares of the exchange traded fund’s stock after purchasing an additional 66,518 shares during the period. Advisory Alpha LLC owned 0.06% of Invesco Senior Loan ETF worth $3,764,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets grew its holdings in shares of Invesco Senior Loan ETF by 44,959.7% during the second quarter. BNP Paribas Financial Markets now owns 2,637,345 shares of the exchange traded fund’s stock worth $55,173,000 after purchasing an additional 2,631,492 shares during the last quarter. Investment Management Corp of Ontario raised its holdings in Invesco Senior Loan ETF by 34.7% in the 2nd quarter. Investment Management Corp of Ontario now owns 9,726,878 shares of the exchange traded fund’s stock valued at $203,486,000 after buying an additional 2,506,226 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Invesco Senior Loan ETF by 83.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,943,994 shares of the exchange traded fund’s stock worth $82,508,000 after buying an additional 1,795,940 shares during the period. Angeles Investment Advisors LLC acquired a new stake in Invesco Senior Loan ETF during the 2nd quarter worth approximately $34,848,000. Finally, Hilton Capital Management LLC bought a new stake in Invesco Senior Loan ETF during the 2nd quarter worth approximately $32,394,000.

Invesco Senior Loan ETF Stock Performance

Shares of NYSEARCA BKLN opened at $20.44 on Thursday. The firm has a 50 day moving average price of $20.77 and a two-hundred day moving average price of $20.87. Invesco Senior Loan ETF has a 52-week low of $20.02 and a 52-week high of $21.07.

Invesco Senior Loan ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a $0.1006 dividend. This represents a c) dividend on an annualized basis and a 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.