Lord Abbett & CO. LLC Sells 590,498 Shares of Invesco Senior Loan ETF (NYSEARCA:BKLN)

Lord Abbett & CO. LLC lowered its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 18.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,583,625 shares of the exchange traded fund’s stock after selling 590,498 shares during the quarter. Lord Abbett & CO. LLC owned approximately 0.77% of Invesco Senior Loan ETF worth $54,282,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in BKLN. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Invesco Senior Loan ETF during the 3rd quarter valued at $346,665,000. Liberty Mutual Group Asset Management Inc. purchased a new stake in shares of Invesco Senior Loan ETF during the 2nd quarter valued at approximately $296,927,000. Investment Management Corp of Ontario boosted its holdings in Invesco Senior Loan ETF by 0.9% in the 3rd quarter. Investment Management Corp of Ontario now owns 10,892,627 shares of the exchange traded fund’s stock worth $228,854,000 after buying an additional 101,849 shares during the period. The Manufacturers Life Insurance Company grew its stake in Invesco Senior Loan ETF by 4.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 10,085,313 shares of the exchange traded fund’s stock valued at $211,892,000 after buying an additional 463,394 shares in the last quarter. Finally, Grimes & Company Inc. raised its holdings in Invesco Senior Loan ETF by 4.3% during the 3rd quarter. Grimes & Company Inc. now owns 9,497,020 shares of the exchange traded fund’s stock valued at $199,532,000 after acquiring an additional 388,486 shares during the period.

Invesco Senior Loan ETF Stock Performance

Shares of NYSEARCA BKLN opened at $21.17 on Friday. Invesco Senior Loan ETF has a 52 week low of $20.61 and a 52 week high of $21.25. The business has a 50-day simple moving average of $21.10 and a two-hundred day simple moving average of $21.06.

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.