Mutual Advisors LLC Grows Position in Invesco Senior Loan ETF $BKLN

Mutual Advisors LLC grew its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 443.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,556 shares of the exchange traded fund’s stock after acquiring an additional 57,566 shares during the quarter. Mutual Advisors LLC’s holdings in Invesco Senior Loan ETF were worth $1,468,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Commonwealth Equity Services LLC increased its position in Invesco Senior Loan ETF by 61.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 409,643 shares of the exchange traded fund’s stock worth $8,574,000 after purchasing an additional 155,549 shares during the period. Bain Capital Credit LP grew its position in Invesco Senior Loan ETF by 28.2% during the second quarter. Bain Capital Credit LP now owns 3,561,802 shares of the exchange traded fund’s stock worth $74,513,000 after buying an additional 784,368 shares during the period. AEGON USA Investment Management LLC grew its holdings in shares of Invesco Senior Loan ETF by 75.0% in the 3rd quarter. AEGON USA Investment Management LLC now owns 63,000 shares of the exchange traded fund’s stock worth $1,319,000 after acquiring an additional 27,000 shares during the period. Mechanics Bank Trust Department grew its holdings in Invesco Senior Loan ETF by 11.6% in the third quarter. Mechanics Bank Trust Department now owns 692,075 shares of the exchange traded fund’s stock valued at $14,485,000 after purchasing an additional 72,155 shares during the last quarter. Finally, Asset Allocation Strategies LLC grew its stake in Invesco Senior Loan ETF by 32.5% in the 3rd quarter. Asset Allocation Strategies LLC now owns 111,217 shares of the exchange traded fund’s stock valued at $2,328,000 after acquiring an additional 27,261 shares during the last quarter.

Invesco Senior Loan ETF Stock Down 0.3%

BKLN stock opened at $20.71 on Wednesday. The stock’s 50 day moving average price is $20.95 and its 200 day moving average price is $20.93. Invesco Senior Loan ETF has a 1 year low of $20.02 and a 1 year high of $21.09.

Invesco Senior Loan ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were paid a $0.1078 dividend. The ex-dividend date was Tuesday, January 20th. This is an increase from Invesco Senior Loan ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 6.2%.

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.