Arrowpoint Investment Partners Singapore Pte. Ltd. Invests $2.61 Million in Invesco Senior Loan ETF $BKLN

Arrowpoint Investment Partners Singapore Pte. Ltd. acquired a new stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 124,700 shares of the exchange traded fund’s stock, valued at approximately $2,610,000. Invesco Senior Loan ETF accounts for about 2.6% of Arrowpoint Investment Partners Singapore Pte. Ltd.’s investment portfolio, making the stock its 8th biggest position.

Other institutional investors also recently bought and sold shares of the company. Bogart Wealth LLC grew its position in Invesco Senior Loan ETF by 37.8% in the third quarter. Bogart Wealth LLC now owns 2,206 shares of the exchange traded fund’s stock worth $46,000 after acquiring an additional 605 shares during the period. Ameriflex Group Inc. grew its holdings in shares of Invesco Senior Loan ETF by 35.3% during the 3rd quarter. Ameriflex Group Inc. now owns 2,316 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 604 shares during the period. China Universal Asset Management Co. Ltd. acquired a new stake in shares of Invesco Senior Loan ETF during the 2nd quarter worth about $62,000. SBI Securities Co. Ltd. increased its position in shares of Invesco Senior Loan ETF by 28.8% during the 3rd quarter. SBI Securities Co. Ltd. now owns 3,780 shares of the exchange traded fund’s stock worth $79,000 after purchasing an additional 846 shares during the last quarter. Finally, Global Wealth Strategies & Associates purchased a new stake in Invesco Senior Loan ETF in the 3rd quarter valued at about $92,000.

Invesco Senior Loan ETF Stock Down 0.2%

NYSEARCA BKLN opened at $20.46 on Friday. The firm’s 50-day moving average is $20.70 and its two-hundred day moving average is $20.85. Invesco Senior Loan ETF has a 12 month low of $20.02 and a 12 month high of $21.07.

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 issued a $0.1006 dividend. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date was Monday, February 23rd.

Invesco Senior Loan ETF Company 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.