Park Avenue Securities LLC Grows Position in Invesco Senior Loan ETF $BKLN

Park Avenue Securities LLC raised its position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 61.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 655,084 shares of the exchange traded fund’s stock after acquiring an additional 249,605 shares during the period. Park Avenue Securities LLC owned approximately 0.20% of Invesco Senior Loan ETF worth $13,757,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Focus Partners Wealth raised its stake in Invesco Senior Loan ETF by 553.5% during the first quarter. Focus Partners Wealth now owns 45,753 shares of the exchange traded fund’s stock valued at $947,000 after purchasing an additional 38,752 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in shares of Invesco Senior Loan ETF by 3.1% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 61,991 shares of the exchange traded fund’s stock worth $1,297,000 after buying an additional 1,855 shares in the last quarter. JPMorgan Chase & Co. increased its holdings 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 worth $82,508,000 after buying an additional 1,795,940 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Invesco Senior Loan ETF by 8.7% in the 2nd quarter. Franklin Resources Inc. now owns 1,240,683 shares of the exchange traded fund’s stock worth $25,955,000 after buying an additional 99,000 shares during the last quarter. Finally, American Beacon Advisors Inc. purchased a new stake in shares of Invesco Senior Loan ETF during the 2nd quarter valued at about $5,052,000.

Invesco Senior Loan ETF Stock Down 0.2%

Shares of NYSEARCA:BKLN opened at $20.49 on Friday. Invesco Senior Loan ETF has a 12 month low of $20.02 and a 12 month high of $21.07. The company has a 50-day moving average price of $20.65 and a 200 day moving average price of $20.84.

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 paid a $0.1006 dividend. 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 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.