Invesco Senior Loan ETF $BKLN Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 91.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 350,153 shares of the exchange traded fund’s stock after selling 3,593,841 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco Senior Loan ETF were worth $7,329,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Focus Partners Wealth lifted its holdings in shares of Invesco Senior Loan ETF by 553.5% in the 1st 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. Ameritas Investment Partners Inc. lifted its stake in Invesco Senior Loan ETF by 28.1% in the second quarter. Ameritas Investment Partners Inc. now owns 7,311 shares of the exchange traded fund’s stock valued at $153,000 after buying an additional 1,602 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Invesco Senior Loan ETF by 19.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 42,505 shares of the exchange traded fund’s stock valued at $889,000 after buying an additional 6,830 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of Invesco Senior Loan ETF by 5.9% in the second quarter. Advisors Asset Management Inc. now owns 38,475 shares of the exchange traded fund’s stock valued at $805,000 after acquiring an additional 2,148 shares during the period. Finally, Russell Investments Group Ltd. acquired a new stake in shares of Invesco Senior Loan ETF in the second quarter valued at approximately $1,059,000.

Invesco Senior Loan ETF Stock Performance

Shares of BKLN opened at $20.31 on Tuesday. The company’s 50 day simple moving average is $20.57 and its 200-day simple moving average is $20.81. Invesco Senior Loan ETF has a 12-month low of $20.02 and a 12-month high of $21.07.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently declared 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. The ex-dividend date was Monday, February 23rd. This represents a c) dividend on an annualized basis and a yield of 5.9%.

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.