Bay Capital Advisors LLC Sells 121,263 Shares of Invesco Senior Loan ETF $BKLN

Bay Capital Advisors LLC trimmed its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 41.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 170,479 shares of the exchange traded fund’s stock after selling 121,263 shares during the period. Invesco Senior Loan ETF makes up about 2.2% of Bay Capital Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Bay Capital Advisors LLC’s holdings in Invesco Senior Loan ETF were worth $3,580,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Commonwealth Equity Services LLC increased its holdings in Invesco Senior Loan ETF by 61.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 409,643 shares of the exchange traded fund’s stock worth $8,574,000 after buying an additional 155,549 shares in the last quarter. Bain Capital Credit LP raised its position in Invesco Senior Loan ETF by 28.2% in 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 during the last quarter. Fortitude Family Office LLC lifted its stake in Invesco Senior Loan ETF by 3,123.7% during the 4th quarter. Fortitude Family Office LLC now owns 391,037 shares of the exchange traded fund’s stock valued at $8,212,000 after acquiring an additional 378,907 shares during the period. AEGON USA Investment Management LLC lifted its stake 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 valued at $1,319,000 after acquiring an additional 27,000 shares during the period. Finally, Mechanics Bank Trust Department boosted its holdings in shares of Invesco Senior Loan ETF by 11.6% during 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 acquiring an additional 72,155 shares during the last quarter.

Invesco Senior Loan ETF Stock Up 0.2%

Shares of NYSEARCA BKLN opened at $20.45 on Thursday. The firm’s 50-day moving average price is $20.55 and its 200-day moving average price 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 announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a $0.1006 dividend. The ex-dividend date was Monday, February 23rd. This represents a c) annualized dividend and a yield of 5.9%.

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.