Cresset Asset Management LLC Has $18.36 Million Stock Holdings in Invesco Senior Loan ETF $BKLN

Cresset Asset Management LLC raised its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 26.1% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 877,329 shares of the exchange traded fund’s stock after buying an additional 181,846 shares during the period. Cresset Asset Management LLC owned about 0.30% of Invesco Senior Loan ETF worth $18,362,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Investment Management Corp of Ontario lifted its stake in shares of Invesco Senior Loan ETF by 34.7% during the second quarter. Investment Management Corp of Ontario now owns 9,726,878 shares of the exchange traded fund’s stock valued at $203,486,000 after acquiring an additional 2,506,226 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Invesco Senior Loan ETF by 4.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 8,666,825 shares of the exchange traded fund’s stock worth $181,310,000 after purchasing an additional 342,655 shares during the last quarter. Bank of America Corp DE raised its holdings in Invesco Senior Loan ETF by 32.2% during the 2nd quarter. Bank of America Corp DE now owns 6,265,015 shares of the exchange traded fund’s stock worth $131,064,000 after purchasing an additional 1,526,209 shares during the last quarter. Ocean Park Asset Management LLC lifted its position in Invesco Senior Loan ETF by 30.4% during the 3rd quarter. Ocean Park Asset Management LLC now owns 6,087,886 shares of the exchange traded fund’s stock valued at $127,419,000 after purchasing an additional 1,419,752 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of Invesco Senior Loan ETF by 83.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,943,994 shares of the exchange traded fund’s stock valued at $82,508,000 after purchasing an additional 1,795,940 shares during the last quarter.

Invesco Senior Loan ETF Trading Up 0.9%

Shares of NYSEARCA:BKLN opened at $20.44 on Thursday. The company has a 50 day moving average of $20.77 and a 200-day moving average of $20.87. Invesco Senior Loan ETF has a one year low of $20.02 and a one year high of $21.07.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a dividend of $0.1006 per share. This represents a c) dividend on an annualized basis and a 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.