Western Asset Management Company LLC Invests $4.21 Million in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Western Asset Management Company LLC acquired a new stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 200,000 shares of the exchange traded fund’s stock, valued at approximately $4,214,000. Invesco Senior Loan ETF makes up approximately 6.7% of Western Asset Management Company LLC’s portfolio, making the stock its 6th largest holding. Western Asset Management Company LLC owned 0.06% of Invesco Senior Loan ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BKLN. TD Asset Management Inc. acquired a new stake in shares of Invesco Senior Loan ETF during the 4th quarter worth approximately $392,497,000. Ocean Park Asset Management LLC grew its position in Invesco Senior Loan ETF by 2,838.3% in the fourth quarter. Ocean Park Asset Management LLC now owns 18,160,609 shares of the exchange traded fund’s stock worth $382,644,000 after acquiring an additional 17,542,541 shares during the period. Investment Management Corp of Ontario increased its stake in Invesco Senior Loan ETF by 0.9% during the third quarter. Investment Management Corp of Ontario now owns 10,892,627 shares of the exchange traded fund’s stock worth $228,854,000 after acquiring an additional 101,849 shares during the last quarter. Grimes & Company Inc. raised its position in Invesco Senior Loan ETF by 3.1% in the fourth quarter. Grimes & Company Inc. now owns 9,792,889 shares of the exchange traded fund’s stock valued at $206,336,000 after purchasing an additional 295,869 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Invesco Senior Loan ETF by 3.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,941,078 shares of the exchange traded fund’s stock valued at $167,319,000 after purchasing an additional 270,367 shares during the last quarter.

Invesco Senior Loan ETF Stock Performance

Shares of BKLN opened at $20.71 on Friday. The company’s 50-day moving average price is $20.95 and its 200 day moving average price is $21.04. Invesco Senior Loan ETF has a 12-month low of $20.61 and a 12-month high of $21.24.

Invesco Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a dividend of $0.1078 per share. The ex-dividend date was Monday, March 24th.

Invesco Senior Loan ETF Company 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.