Envestnet Asset Management Inc. Increases Stock Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Envestnet Asset Management Inc. lifted its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 19.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,306,789 shares of the exchange traded fund’s stock after buying an additional 704,615 shares during the quarter. Envestnet Asset Management Inc. owned approximately 1.28% of Invesco Senior Loan ETF worth $90,744,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. 1620 Investment Advisors Inc. boosted its stake in Invesco Senior Loan ETF by 4.3% during the fourth quarter. 1620 Investment Advisors Inc. now owns 11,776 shares of the exchange traded fund’s stock worth $248,000 after acquiring an additional 481 shares in the last quarter. Continental Investors Services Inc. boosted its position in shares of Invesco Senior Loan ETF by 1.6% in the 3rd quarter. Continental Investors Services Inc. now owns 34,042 shares of the exchange traded fund’s stock worth $715,000 after purchasing an additional 523 shares in the last quarter. PFG Investments LLC grew its stake in shares of Invesco Senior Loan ETF by 3.4% in the 4th quarter. PFG Investments LLC now owns 17,282 shares of the exchange traded fund’s stock worth $364,000 after buying an additional 575 shares during the last quarter. Great Diamond Partners LLC increased its position in Invesco Senior Loan ETF by 0.6% during the 4th quarter. Great Diamond Partners LLC now owns 116,508 shares of the exchange traded fund’s stock valued at $2,455,000 after buying an additional 679 shares in the last quarter. Finally, Wealthcare Capital Management LLC raised its stake in Invesco Senior Loan ETF by 2.5% during the fourth quarter. Wealthcare Capital Management LLC now owns 31,346 shares of the exchange traded fund’s stock valued at $660,000 after buying an additional 768 shares during the last quarter.

Invesco Senior Loan ETF Price Performance

NYSEARCA BKLN opened at $20.14 on Wednesday. Invesco Senior Loan ETF has a 12 month low of $20.06 and a 12 month high of $21.24. The stock’s fifty day moving average price is $20.85 and its 200-day moving average price is $21.00.

Invesco Senior Loan ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.1078 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.