Spire Wealth Management Sells 88,908 Shares of Invesco Senior Loan ETF $BKLN

Spire Wealth Management decreased its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 36.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,284 shares of the exchange traded fund’s stock after selling 88,908 shares during the quarter. Spire Wealth Management’s holdings in Invesco Senior Loan ETF were worth $3,219,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Verition Fund Management LLC purchased a new position in Invesco Senior Loan ETF during the third quarter worth about $79,534,000. Bank of America Corp DE lifted its position in shares of Invesco Senior Loan ETF by 58.7% during the 3rd quarter. Bank of America Corp DE now owns 9,943,545 shares of the exchange traded fund’s stock worth $208,118,000 after buying an additional 3,678,530 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Invesco Senior Loan ETF by 44,959.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,637,345 shares of the exchange traded fund’s stock worth $55,173,000 after buying an additional 2,631,492 shares in the last quarter. Investment Management Corp of Ontario boosted its stake in shares of Invesco Senior Loan ETF by 34.7% in the 2nd quarter. Investment Management Corp of Ontario now owns 9,726,878 shares of the exchange traded fund’s stock worth $203,486,000 after buying an additional 2,506,226 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in shares of Invesco Senior Loan ETF in the third quarter valued at approximately $32,731,000.

Invesco Senior Loan ETF Price Performance

Shares of BKLN opened at $20.33 on Monday. The stock has a 50 day moving average of $20.59 and a 200 day moving average of $20.82. Invesco Senior Loan ETF has a 12 month low of $20.02 and a 12 month high of $21.07.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a $0.1006 dividend. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date was Monday, February 23rd.

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.