Invesco Senior Loan ETF (NYSEARCA:BKLN) Shares Purchased by Sage Financial Group Inc.

Sage Financial Group Inc. boosted its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 706.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 383,485 shares of the exchange traded fund’s stock after acquiring an additional 335,947 shares during the quarter. Invesco Senior Loan ETF accounts for 0.8% of Sage Financial Group Inc.’s investment portfolio, making the stock its 20th biggest position. Sage Financial Group Inc. owned 0.20% of Invesco Senior Loan ETF worth $8,122,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Covestor Ltd boosted its holdings in Invesco Senior Loan ETF by 186.1% in the first quarter. Covestor Ltd now owns 1,156 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 752 shares during the last quarter. Huntington National Bank lifted its stake in shares of Invesco Senior Loan ETF by 172,000.0% during the third quarter. Huntington National Bank now owns 1,721 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 1,720 shares in the last quarter. Fortis Capital Advisors LLC acquired a new position in shares of Invesco Senior Loan ETF during the fourth quarter worth about $40,000. Advisors Asset Management Inc. lifted its stake in shares of Invesco Senior Loan ETF by 30.0% during the first quarter. Advisors Asset Management Inc. now owns 4,124 shares of the exchange traded fund’s stock worth $90,000 after purchasing an additional 951 shares in the last quarter. Finally, Harbor Capital Advisors Inc. acquired a new position in shares of Invesco Senior Loan ETF during the fourth quarter worth about $106,000.

Invesco Senior Loan ETF Trading Up 0.2 %

Shares of BKLN traded up $0.04 during midday trading on Thursday, reaching $21.15. 5,324,550 shares of the company were exchanged, compared to its average volume of 7,752,000. The stock has a 50-day moving average price of $21.10 and a 200-day moving average price of $21.05. Invesco Senior Loan ETF has a 1-year low of $20.55 and a 1-year high of $21.27.

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.