538,250 Shares in Invesco Senior Loan ETF $BKLN Purchased by Symetra Investment Management Co

Symetra Investment Management Co purchased a new position in Invesco Senior Loan ETF (NYSEARCA:BKLN) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 538,250 shares of the exchange traded fund’s stock, valued at approximately $11,266,000. Invesco Senior Loan ETF comprises about 2.5% of Symetra Investment Management Co’s portfolio, making the stock its 3rd largest position.

Several other large investors also recently bought and sold shares of BKLN. BNP Paribas Financial Markets increased its holdings in shares of Invesco Senior Loan ETF by 44,959.7% in the second quarter. BNP Paribas Financial Markets now owns 2,637,345 shares of the exchange traded fund’s stock valued at $55,173,000 after purchasing an additional 2,631,492 shares during the last quarter. Investment Management Corp of Ontario raised its holdings in Invesco Senior Loan ETF by 34.7% in the 2nd quarter. Investment Management Corp of Ontario now owns 9,726,878 shares of the exchange traded fund’s stock valued at $203,486,000 after buying an additional 2,506,226 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Invesco Senior Loan ETF by 83.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,943,994 shares of the exchange traded fund’s stock valued at $82,508,000 after acquiring an additional 1,795,940 shares during the period. Angeles Investment Advisors LLC purchased a new stake in Invesco Senior Loan ETF in the second quarter valued at approximately $34,848,000. Finally, Hilton Capital Management LLC purchased a new position in Invesco Senior Loan ETF during the 2nd quarter valued at about $32,394,000.

Invesco Senior Loan ETF Price Performance

NYSEARCA BKLN opened at $20.44 on Thursday. Invesco Senior Loan ETF has a one year low of $20.02 and a one year high of $21.07. The firm has a 50 day simple moving average of $20.77 and a 200-day simple moving average of $20.87.

Invesco Senior Loan ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were paid a dividend of $0.1006 per share. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend was Monday, February 23rd.

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.