CIBC Asset Management Inc Decreases Stock Holdings in Invesco Senior Loan ETF $BKLN

CIBC Asset Management Inc reduced its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 0.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,945,622 shares of the exchange traded fund’s stock after selling 27,887 shares during the quarter. CIBC Asset Management Inc owned approximately 1.02% of Invesco Senior Loan ETF worth $61,652,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of Invesco Senior Loan ETF during the 2nd quarter valued at $27,000. Bogart Wealth LLC bought a new position in Invesco Senior Loan ETF during the second quarter valued at about $33,000. Woodard & Co. Asset Management Group Inc. ADV grew its position in Invesco Senior Loan ETF by 258.9% during the second 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 buying an additional 1,196 shares during the period. Ameriflex Group Inc. increased its holdings in Invesco Senior Loan ETF by 213.6% during the second quarter. Ameriflex Group Inc. now owns 1,712 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 1,166 shares during the last quarter. Finally, China Universal Asset Management Co. Ltd. purchased a new stake in Invesco Senior Loan ETF during the second quarter worth about $62,000.

Invesco Senior Loan ETF Trading Down 0.1%

BKLN opened at $20.88 on Friday. Invesco Senior Loan ETF has a twelve month low of $20.02 and a twelve month high of $21.09. The company’s 50-day moving average price is $20.97 and its two-hundred day moving average price is $20.94.

Invesco Senior Loan ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were paid a $0.1078 dividend. The ex-dividend date was Tuesday, January 20th. This is a positive change from Invesco Senior Loan ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 6.2%.

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.