Invesco Senior Loan ETF Target of Unusually High Options Trading (NYSEARCA:BKLN)

Invesco Senior Loan ETF (NYSEARCA:BKLN) was the recipient of unusually large options trading activity on Tuesday. Stock investors bought 41,907 put options on the stock. This represents an increase of 2,295% compared to the average volume of 1,750 put options.

Institutional Investors Weigh In On Invesco Senior Loan ETF

Several large investors have recently modified their holdings of BKLN. Focus Partners Wealth lifted its holdings in shares of Invesco Senior Loan ETF by 553.5% during the first quarter. Focus Partners Wealth now owns 45,753 shares of the exchange traded fund’s stock valued at $947,000 after purchasing an additional 38,752 shares during the last quarter. Harbour Investments Inc. raised its holdings in Invesco Senior Loan ETF by 10.9% during the 2nd quarter. Harbour Investments Inc. now owns 11,520 shares of the exchange traded fund’s stock worth $241,000 after buying an additional 1,132 shares during the period. Mutual Advisors LLC purchased a new stake in Invesco Senior Loan ETF during the second quarter valued at about $272,000. Private Trust Co. NA lifted its stake in Invesco Senior Loan ETF by 35.3% during the second quarter. Private Trust Co. NA now owns 9,750 shares of the exchange traded fund’s stock valued at $204,000 after buying an additional 2,546 shares in the last quarter. Finally, Koshinski Asset Management Inc. acquired a new position in shares of Invesco Senior Loan ETF in the second quarter worth about $222,000.

Invesco Senior Loan ETF Stock Up 0.1%

Shares of BKLN opened at $20.67 on Thursday. The firm’s 50 day moving average is $20.89 and its 200-day moving average is $20.91. Invesco Senior Loan ETF has a 12-month low of $20.02 and a 12-month high of $21.09.

Invesco Senior Loan ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a $0.1078 dividend. This represents a c) annualized dividend and a yield of 6.3%. This is a positive change from Invesco Senior Loan ETF’s previous monthly dividend of $0.10. The ex-dividend date was Tuesday, January 20th.

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.