Shenkman Capital Management Inc. Increases Stock Holdings in Invesco Senior Loan ETF $BKLN

Shenkman Capital Management Inc. boosted its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 51.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,889,660 shares of the exchange traded fund’s stock after purchasing an additional 981,770 shares during the quarter. Invesco Senior Loan ETF accounts for approximately 6.6% of Shenkman Capital Management Inc.’s holdings, making the stock its biggest position. Shenkman Capital Management Inc.’s holdings in Invesco Senior Loan ETF were worth $62,611,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Stance Capital LLC acquired a new stake in Invesco Senior Loan ETF in the 3rd quarter worth $28,000. Elevated Capital Advisors LLC acquired a new position in shares of Invesco Senior Loan ETF during the fourth quarter valued at about $30,000. IFP Advisors Inc lifted its stake in shares of Invesco Senior Loan ETF by 187.9% in the fourth quarter. IFP Advisors Inc now owns 1,503 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 981 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in Invesco Senior Loan ETF during the fourth quarter worth about $42,000. Finally, Ameriflex Group Inc. grew its position in Invesco Senior Loan ETF by 35.3% during the third quarter. Ameriflex Group Inc. now owns 2,316 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 604 shares in the last quarter.

Invesco Senior Loan ETF Stock Performance

Shares of BKLN opened at $20.47 on Monday. The stock’s 50-day moving average price is $20.53 and its 200 day moving average price is $20.71. Invesco Senior Loan ETF has a 12-month low of $20.11 and a 12-month high of $21.07.

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.