Arete Wealth Advisors LLC Boosts Stock Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Arete Wealth Advisors LLC increased its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 38.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,462 shares of the exchange traded fund’s stock after buying an additional 7,893 shares during the period. Arete Wealth Advisors LLC’s holdings in Invesco Senior Loan ETF were worth $599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. McClarren Financial Advisors Inc. lifted its holdings in Invesco Senior Loan ETF by 5,971.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,275 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 1,254 shares in the last quarter. Continuum Advisory LLC raised its position in shares of Invesco Senior Loan ETF by 1,068.9% during the 3rd quarter. Continuum Advisory LLC now owns 2,139 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 1,956 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in Invesco Senior Loan ETF in the 4th quarter valued at about $52,000. Synergy Investment Management LLC acquired a new stake in Invesco Senior Loan ETF in the 4th quarter worth about $69,000. Finally, IMG Wealth Management Inc. purchased a new stake in Invesco Senior Loan ETF during the 4th quarter worth approximately $70,000.

Invesco Senior Loan ETF Stock Performance

NYSEARCA BKLN opened at $20.33 on Friday. The stock’s 50 day simple moving average is $20.90 and its 200-day simple moving average is $21.02. Invesco Senior Loan ETF has a 1-year low of $20.24 and a 1-year high of $21.24.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.1078 per share. The ex-dividend date was Monday, March 24th.

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.