LPL Financial LLC Raises Stock Holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN)

LPL Financial LLC increased its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 45.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,266,626 shares of the exchange traded fund’s stock after purchasing an additional 1,333,141 shares during the quarter. LPL Financial LLC’s holdings in Invesco Senior Loan ETF were worth $89,898,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in BKLN. 1620 Investment Advisors Inc. grew its holdings in shares of 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 buying an additional 481 shares in the last quarter. Continental Investors Services Inc. grew its stake in 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 acquiring an additional 523 shares during the period. PFG Investments LLC raised its holdings in 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 valued at $364,000 after acquiring an additional 575 shares during the last quarter. Great Diamond Partners LLC lifted its stake in shares of 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 worth $2,455,000 after purchasing an additional 679 shares during the period. Finally, Wealthcare Capital Management LLC boosted its holdings in shares of 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 worth $660,000 after purchasing an additional 768 shares during the last quarter.

Invesco Senior Loan ETF Price Performance

Shares of NYSEARCA:BKLN opened at $20.78 on Wednesday. The stock’s 50-day moving average price is $20.97 and its two-hundred day moving average price is $21.04. Invesco Senior Loan ETF has a 12-month low of $20.61 and a 12-month high of $21.24.

Invesco Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.1078 per share. 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.