Simplicity Wealth LLC Buys 233,087 Shares of Invesco Senior Loan ETF $BKLN

Simplicity Wealth LLC lifted its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 360.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 297,723 shares of the exchange traded fund’s stock after buying an additional 233,087 shares during the quarter. Simplicity Wealth LLC’s holdings in Invesco Senior Loan ETF were worth $6,231,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of BKLN. Investment Management Corp of Ontario raised its stake in shares of Invesco Senior Loan ETF by 34.7% in the second quarter. Investment Management Corp of Ontario now owns 9,726,878 shares of the exchange traded fund’s stock valued at $203,486,000 after buying an additional 2,506,226 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Invesco Senior Loan ETF by 4.1% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 8,666,825 shares of the exchange traded fund’s stock valued at $181,310,000 after acquiring an additional 342,655 shares during the period. Bank of America Corp DE raised its stake in Invesco Senior Loan ETF by 32.2% in the 2nd quarter. Bank of America Corp DE now owns 6,265,015 shares of the exchange traded fund’s stock valued at $131,064,000 after acquiring an additional 1,526,209 shares during the period. Ocean Park Asset Management LLC boosted its position in Invesco Senior Loan ETF by 30.4% during the third quarter. Ocean Park Asset Management LLC now owns 6,087,886 shares of the exchange traded fund’s stock worth $127,419,000 after purchasing an additional 1,419,752 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of Invesco Senior Loan ETF by 4.0% in the second quarter. Envestnet Asset Management Inc. now owns 4,089,439 shares of the exchange traded fund’s stock worth $85,442,000 after purchasing an additional 155,703 shares in the last quarter.

Invesco Senior Loan ETF Stock Performance

Shares of BKLN stock opened at $20.88 on Thursday. Invesco Senior Loan ETF has a 12 month low of $20.02 and a 12 month high of $21.09. The firm’s 50 day moving average is $20.98 and its 200 day moving average is $20.94.

Invesco Senior Loan ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th will be given a $0.1078 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. This is a boost from Invesco Senior Loan ETF’s previous monthly dividend of $0.10. The ex-dividend date is Tuesday, January 20th.

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.