Holderness Investments Co. reduced its stake in PowerShares Senior Loan ETF (NYSEARCA:BKLN) by 9.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 70,854 shares of the exchange traded fund’s stock after selling 7,360 shares during the quarter. PowerShares Senior Loan ETF makes up approximately 0.9% of Holderness Investments Co.’s investment portfolio, making the stock its 29th biggest position. Holderness Investments Co.’s holdings in PowerShares Senior Loan ETF were worth $1,641,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. Goldman Sachs Group Inc. increased its stake in PowerShares Senior Loan ETF by 1.9% in the 2nd quarter. Goldman Sachs Group Inc. now owns 19,333,766 shares of the exchange traded fund’s stock worth $447,384,000 after buying an additional 351,983 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in PowerShares Senior Loan ETF by 7.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,854,543 shares of the exchange traded fund’s stock worth $297,454,000 after buying an additional 849,628 shares in the last quarter. Charles Schwab Investment Advisory Inc. increased its stake in PowerShares Senior Loan ETF by 7.3% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 9,522,813 shares of the exchange traded fund’s stock worth $220,549,000 after buying an additional 645,438 shares in the last quarter. Ameriprise Financial Inc. increased its stake in PowerShares Senior Loan ETF by 8.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,415,157 shares of the exchange traded fund’s stock worth $194,787,000 after buying an additional 652,801 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp increased its stake in PowerShares Senior Loan ETF by 100.0% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,000,000 shares of the exchange traded fund’s stock worth $185,120,000 after buying an additional 4,000,000 shares in the last quarter.

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Shares of PowerShares Senior Loan ETF (NYSEARCA:BKLN) remained flat at $$23.03 during trading on Thursday. 2,438,400 shares of the stock traded hands, compared to its average volume of 3,827,466. PowerShares Senior Loan ETF has a 52-week low of $22.96 and a 52-week high of $23.46.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Tuesday, November 21st will be given a dividend of $0.0628 per share. The ex-dividend date of this dividend is Monday, November 20th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.27%.

Institutional Ownership by Quarter for PowerShares Senior Loan ETF (NYSEARCA:BKLN)

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