Angeles Wealth Management LLC Boosts Stock Position in Invesco Senior Loan ETF $BKLN

Angeles Wealth Management LLC lifted its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 16.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 360,967 shares of the exchange traded fund’s stock after purchasing an additional 50,500 shares during the quarter. Invesco Senior Loan ETF comprises about 0.5% of Angeles Wealth Management LLC’s holdings, making the stock its 29th largest holding. Angeles Wealth Management LLC owned 0.12% of Invesco Senior Loan ETF worth $7,555,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Bogart Wealth LLC grew its holdings in Invesco Senior Loan ETF by 37.8% in the 3rd quarter. Bogart Wealth LLC now owns 2,206 shares of the exchange traded fund’s stock valued at $46,000 after buying an additional 605 shares in the last quarter. China Universal Asset Management Co. Ltd. acquired a new position in shares of Invesco Senior Loan ETF during the 2nd quarter valued at about $62,000. Golden State Wealth Management LLC grew its holdings in shares of Invesco Senior Loan ETF by 26.9% in the second quarter. Golden State Wealth Management LLC now owns 3,153 shares of the exchange traded fund’s stock valued at $66,000 after purchasing an additional 669 shares during the period. SBI Securities Co. Ltd. grew its holdings in shares of Invesco Senior Loan ETF by 28.8% in the third quarter. SBI Securities Co. Ltd. now owns 3,780 shares of the exchange traded fund’s stock valued at $79,000 after purchasing an additional 846 shares during the period. Finally, Global Wealth Strategies & Associates acquired a new stake in Invesco Senior Loan ETF during the third quarter worth about $92,000.

Invesco Senior Loan ETF Trading Down 0.4%

NYSEARCA:BKLN opened at $20.36 on Friday. The company’s 50-day moving average is $20.75 and its two-hundred day moving average is $20.86. Invesco Senior Loan ETF has a 1-year low of $20.02 and a 1-year high of $21.07.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a $0.1006 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date was Monday, February 23rd.

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.