Invesco Senior Loan ETF $BKLN Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 3.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 106,862 shares of the exchange traded fund’s stock after acquiring an additional 3,896 shares during the quarter. Wealthfront Advisers LLC’s holdings in Invesco Senior Loan ETF were worth $2,236,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. The Manufacturers Life Insurance Company grew its stake in shares of Invesco Senior Loan ETF by 14.6% in the first quarter. The Manufacturers Life Insurance Company now owns 10,149,176 shares of the exchange traded fund’s stock valued at $210,088,000 after buying an additional 1,294,816 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Invesco Senior Loan ETF by 82.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 8,813,459 shares of the exchange traded fund’s stock worth $182,439,000 after acquiring an additional 3,988,121 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Invesco Senior Loan ETF by 4.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 8,324,170 shares of the exchange traded fund’s stock worth $172,310,000 after acquiring an additional 383,092 shares during the period. Ameriprise Financial Inc. grew its position in Invesco Senior Loan ETF by 24.0% in the first quarter. Ameriprise Financial Inc. now owns 5,745,022 shares of the exchange traded fund’s stock valued at $118,922,000 after acquiring an additional 1,113,251 shares in the last quarter. Finally, Corebridge Financial Inc. acquired a new stake in Invesco Senior Loan ETF in the first quarter valued at approximately $98,134,000.

Invesco Senior Loan ETF Price Performance

NYSEARCA BKLN opened at $20.89 on Friday. The company’s fifty day simple moving average is $20.91 and its 200-day simple moving average is $20.88. Invesco Senior Loan ETF has a 52 week low of $20.02 and a 52 week high of $21.19.

Invesco Senior Loan ETF 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.