Assetmark Inc. Boosts Position in Invesco Senior Loan ETF $BKLN

Assetmark Inc. increased its position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 8.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,312,155 shares of the exchange traded fund’s stock after acquiring an additional 263,235 shares during the quarter. Assetmark Inc. owned approximately 1.14% of Invesco Senior Loan ETF worth $69,323,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of BKLN. Commonwealth Equity Services LLC raised its position in shares of Invesco Senior Loan ETF by 61.2% during 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 raised its position 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 purchasing an additional 784,368 shares during the period. AEGON USA Investment Management LLC raised its position in Invesco Senior Loan ETF by 75.0% in 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 purchasing an additional 27,000 shares during the period. Mechanics Bank Trust Department lifted its stake in shares of Invesco Senior Loan ETF by 11.6% in the 3rd quarter. Mechanics Bank Trust Department now owns 692,075 shares of the exchange traded fund’s stock valued at $14,485,000 after purchasing an additional 72,155 shares during the last quarter. Finally, Asset Allocation Strategies LLC grew its holdings in shares of Invesco Senior Loan ETF by 32.5% during the 3rd 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

Shares of NYSEARCA:BKLN opened at $20.62 on Friday. Invesco Senior Loan ETF has a 12-month low of $20.02 and a 12-month high of $21.09. The business has a 50-day moving average price of $20.92 and a 200 day moving average price of $20.91.

Invesco Senior Loan ETF Increases Dividend

The business also recently declared 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. This is a boost from Invesco Senior Loan ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date was Tuesday, January 20th.

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.