Wambolt & Associates LLC Sells 9,775 Shares of Invesco Senior Loan ETF (NYSEARCA:BKLN)

Wambolt & Associates LLC reduced its position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 28.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,052 shares of the exchange traded fund’s stock after selling 9,775 shares during the period. Wambolt & Associates LLC’s holdings in Invesco Senior Loan ETF were worth $507,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. TD Asset Management Inc. bought a new position in shares of Invesco Senior Loan ETF during the 4th quarter valued at approximately $392,497,000. Ocean Park Asset Management LLC raised its stake in shares of Invesco Senior Loan ETF by 2,838.3% in the fourth quarter. Ocean Park Asset Management LLC now owns 18,160,609 shares of the exchange traded fund’s stock valued at $382,644,000 after buying an additional 17,542,541 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Invesco Senior Loan ETF in the 3rd quarter worth about $346,665,000. American Century Companies Inc. bought a new position in Invesco Senior Loan ETF during the fourth quarter worth about $108,480,000. Finally, Angeles Investment Advisors LLC purchased a new stake in Invesco Senior Loan ETF during the 4th quarter worth about $72,215,000.

Invesco Senior Loan ETF Trading Down 0.4 %

Shares of BKLN opened at $20.77 on Tuesday. The business’s 50-day moving average price is $20.98 and its 200-day moving average price is $21.05. Invesco Senior Loan ETF has a twelve month low of $20.61 and a twelve month high of $21.24.

Invesco Senior Loan ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a $0.1078 dividend. The ex-dividend date is Monday, March 24th.

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.