Charles Schwab Investment Management Inc. Buys 281,784 Shares of Invesco Senior Loan ETF (NYSEARCA:BKLN)

Charles Schwab Investment Management Inc. raised its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 3.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 7,670,711 shares of the exchange traded fund’s stock after purchasing an additional 281,784 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Invesco Senior Loan ETF were worth $161,162,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in BKLN. Liberty Mutual Group Asset Management Inc. bought a new stake in Invesco Senior Loan ETF in the 2nd quarter worth approximately $296,927,000. The Manufacturers Life Insurance Company lifted its holdings in shares of Invesco Senior Loan ETF by 92.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,621,919 shares of the exchange traded fund’s stock worth $202,420,000 after acquiring an additional 4,625,361 shares during the last quarter. Grimes & Company Inc. boosted its stake in shares of Invesco Senior Loan ETF by 4.3% in the 3rd quarter. Grimes & Company Inc. now owns 9,497,020 shares of the exchange traded fund’s stock valued at $199,532,000 after purchasing an additional 388,486 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of Invesco Senior Loan ETF by 150,068.0% in the 3rd quarter. International Assets Investment Management LLC now owns 6,449,717 shares of the exchange traded fund’s stock valued at $148,342,000 after purchasing an additional 6,445,422 shares in the last quarter. Finally, III Capital Management lifted its stake in Invesco Senior Loan ETF by 46.9% in the second quarter. III Capital Management now owns 5,917,831 shares of the exchange traded fund’s stock worth $124,511,000 after purchasing an additional 1,888,831 shares during the last quarter.

Invesco Senior Loan ETF Stock Performance

NYSEARCA BKLN opened at $21.09 on Monday. The company has a 50-day simple moving average of $21.07 and a two-hundred day simple moving average of $21.06. Invesco Senior Loan ETF has a 12-month low of $20.61 and a 12-month high of $21.25.

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.