Western Asset Management Company LLC Takes $4.21 Million Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Western Asset Management Company LLC purchased a new stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 200,000 shares of the exchange traded fund’s stock, valued at approximately $4,214,000. Invesco Senior Loan ETF accounts for about 6.7% of Western Asset Management Company LLC’s portfolio, making the stock its 6th largest position.

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

Invesco Senior Loan ETF Trading Down 0.3 %

Invesco Senior Loan ETF stock opened at $20.71 on Friday. The stock has a 50-day moving average price of $20.95 and a 200 day moving average price of $21.04. Invesco Senior Loan ETF has a 52 week low of $20.61 and a 52 week high of $21.24.

Invesco Senior Loan ETF Cuts Dividend

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