Exchange Traded Concepts LLC Increases Stock Position in Invesco Senior Loan ETF $BKLN

Exchange Traded Concepts LLC boosted its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 126.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,877 shares of the exchange traded fund’s stock after acquiring an additional 87,191 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Invesco Senior Loan ETF were worth $3,273,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Wealthcare Capital Partners LLC raised its stake in shares of Invesco Senior Loan ETF by 3.5% in the fourth quarter. Wealthcare Capital Partners LLC now owns 27,593 shares of the exchange traded fund’s stock worth $579,000 after purchasing an additional 944 shares during the last quarter. Tradewinds Capital Management LLC boosted its position in shares of Invesco Senior Loan ETF by 2.2% during the fourth quarter. Tradewinds Capital Management LLC now owns 119,769 shares of the exchange traded fund’s stock valued at $2,515,000 after buying an additional 2,590 shares during the last quarter. Synergy Asset Management LLC increased its holdings in Invesco Senior Loan ETF by 14.4% in the 4th quarter. Synergy Asset Management LLC now owns 14,853 shares of the exchange traded fund’s stock worth $312,000 after buying an additional 1,875 shares in the last quarter. IFG Advisors LLC increased its holdings in Invesco Senior Loan ETF by 14.3% in the 4th quarter. IFG Advisors LLC now owns 104,473 shares of the exchange traded fund’s stock worth $2,194,000 after buying an additional 13,034 shares in the last quarter. Finally, Regatta Capital Group LLC raised its position in Invesco Senior Loan ETF by 0.4% in the 4th quarter. Regatta Capital Group LLC now owns 137,944 shares of the exchange traded fund’s stock worth $2,897,000 after buying an additional 563 shares during the last quarter.

Invesco Senior Loan ETF Stock Performance

BKLN opened at $20.41 on Wednesday. The company’s 50-day simple moving average is $20.56 and its two-hundred day simple moving average is $20.81. Invesco Senior Loan ETF has a 52-week low of $20.02 and a 52-week high of $21.07.

Invesco Senior Loan ETF Cuts Dividend

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