Invesco Senior Loan ETF $BKLN Shares Acquired by TigerOak Management L.L.C.

TigerOak Management L.L.C. lifted its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 39.8% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,271 shares of the exchange traded fund’s stock after purchasing an additional 64,386 shares during the quarter. Invesco Senior Loan ETF comprises about 1.5% of TigerOak Management L.L.C.’s portfolio, making the stock its 15th biggest position. TigerOak Management L.L.C.’s holdings in Invesco Senior Loan ETF were worth $4,736,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Bogart Wealth LLC grew its stake in shares of Invesco Senior Loan ETF by 37.8% during 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 last quarter. China Universal Asset Management Co. Ltd. purchased a new stake in Invesco Senior Loan ETF during the 2nd quarter worth approximately $62,000. Golden State Wealth Management LLC grew its position in Invesco Senior Loan ETF by 26.9% during the 2nd quarter. Golden State Wealth Management LLC now owns 3,153 shares of the exchange traded fund’s stock worth $66,000 after purchasing an additional 669 shares during the last quarter. SBI Securities Co. Ltd. increased its stake in 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 valued at $79,000 after purchasing an additional 846 shares in the last quarter. Finally, Global Wealth Strategies & Associates acquired a new position in Invesco Senior Loan ETF during the 3rd quarter valued at approximately $92,000.

Invesco Senior Loan ETF Stock Down 0.1%

NYSEARCA BKLN opened at $20.37 on Wednesday. Invesco Senior Loan ETF has a 12-month low of $20.02 and a 12-month high of $21.07. The company has a fifty day simple moving average of $20.85 and a two-hundred day simple moving average of $20.89.

Invesco Senior Loan ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 23rd will be given a dividend of $0.1006 per share. The ex-dividend date of this dividend is Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 5.9%.

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.