Wedbush Securities Inc. Grows Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Wedbush Securities Inc. raised its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 11.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 121,535 shares of the exchange traded fund’s stock after purchasing an additional 12,490 shares during the quarter. Wedbush Securities Inc.’s holdings in Invesco Senior Loan ETF were worth $2,561,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in shares of Invesco Senior Loan ETF by 19.6% in the 4th quarter. Envestnet Asset Management Inc. now owns 4,306,789 shares of the exchange traded fund’s stock worth $90,744,000 after purchasing an additional 704,615 shares during the period. Wells Fargo & Company MN increased its position in Invesco Senior Loan ETF by 54.2% during the 4th quarter. Wells Fargo & Company MN now owns 2,491,907 shares of the exchange traded fund’s stock worth $52,504,000 after purchasing an additional 875,526 shares in the last quarter. Prudential PLC increased its position in Invesco Senior Loan ETF by 3.1% during the 4th quarter. Prudential PLC now owns 2,383,482 shares of the exchange traded fund’s stock worth $50,220,000 after purchasing an additional 71,916 shares in the last quarter. Arete Wealth Advisors LLC raised its holdings in Invesco Senior Loan ETF by 38.4% in the fourth quarter. Arete Wealth Advisors LLC now owns 28,462 shares of the exchange traded fund’s stock valued at $599,000 after buying an additional 7,893 shares during the period. Finally, Massachusetts Financial Services Co. MA acquired a new position in Invesco Senior Loan ETF during the fourth quarter valued at approximately $31,481,000.

Invesco Senior Loan ETF Price Performance

Invesco Senior Loan ETF stock opened at $20.33 on Friday. The firm has a fifty day moving average of $20.90 and a 200-day moving average of $21.02. Invesco Senior Loan ETF has a 52-week low of $20.24 and a 52-week high of $21.24.

Invesco Senior Loan ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.1078 dividend. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco Senior Loan ETF

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.