Diversify Advisory Services LLC Purchases 198,270 Shares of Invesco Senior Loan ETF $BKLN

Diversify Advisory Services LLC boosted its position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 4.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,278,927 shares of the exchange traded fund’s stock after acquiring an additional 198,270 shares during the quarter. Invesco Senior Loan ETF accounts for approximately 3.0% of Diversify Advisory Services LLC’s investment portfolio, making the stock its 4th biggest position. Diversify Advisory Services LLC owned 1.47% of Invesco Senior Loan ETF worth $89,430,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its holdings in shares of Invesco Senior Loan ETF by 61.2% in the third quarter. Commonwealth Equity Services LLC now owns 409,643 shares of the exchange traded fund’s stock valued at $8,574,000 after purchasing an additional 155,549 shares in the last quarter. Bain Capital Credit LP lifted its holdings in Invesco Senior Loan ETF by 28.2% during the 2nd quarter. Bain Capital Credit LP now owns 3,561,802 shares of the exchange traded fund’s stock worth $74,513,000 after buying an additional 784,368 shares in the last quarter. AEGON USA Investment Management LLC lifted its holdings in Invesco Senior Loan ETF by 75.0% during the 3rd quarter. AEGON USA Investment Management LLC now owns 63,000 shares of the exchange traded fund’s stock worth $1,319,000 after buying an additional 27,000 shares in the last quarter. Mechanics Bank Trust Department boosted its position in 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 buying an additional 72,155 shares during the period. Finally, Asset Allocation Strategies LLC boosted its position in Invesco Senior Loan ETF by 32.5% in the 3rd quarter. Asset Allocation Strategies LLC now owns 111,217 shares of the exchange traded fund’s stock valued at $2,328,000 after buying an additional 27,261 shares during the period.

Invesco Senior Loan ETF Stock Performance

NYSEARCA:BKLN opened at $20.36 on Monday. Invesco Senior Loan ETF has a 52 week low of $20.02 and a 52 week high of $21.07. The company has a fifty day simple moving average of $20.75 and a two-hundred day simple moving average of $20.86.

Invesco Senior Loan ETF Cuts Dividend

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