Garner Asset Management Corp Increases Stock Holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Garner Asset Management Corp boosted its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 5.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 89,904 shares of the exchange traded fund’s stock after buying an additional 4,509 shares during the period. Garner Asset Management Corp’s holdings in Invesco Senior Loan ETF were worth $1,894,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of BKLN. Kestra Private Wealth Services LLC raised its holdings in shares of Invesco Senior Loan ETF by 13.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 25,234 shares of the exchange traded fund’s stock worth $532,000 after buying an additional 2,939 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of Invesco Senior Loan ETF by 5.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 285,161 shares of the exchange traded fund’s stock valued at $6,008,000 after acquiring an additional 14,745 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Invesco Senior Loan ETF by 2.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 84,099 shares of the exchange traded fund’s stock valued at $1,767,000 after purchasing an additional 1,940 shares during the period. Blue Trust Inc. bought a new position in Invesco Senior Loan ETF in the fourth quarter worth approximately $117,000. Finally, Principal Securities Inc. increased its holdings in Invesco Senior Loan ETF by 9.9% during the 4th quarter. Principal Securities Inc. now owns 11,047 shares of the exchange traded fund’s stock worth $233,000 after purchasing an additional 997 shares during the period.

Invesco Senior Loan ETF Trading Up 0.2 %

Shares of BKLN stock opened at $20.47 on Friday. Invesco Senior Loan ETF has a twelve month low of $20.02 and a twelve month high of $21.24. The stock has a fifty day simple moving average of $20.81 and a two-hundred day simple moving average of $20.99.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.1078 dividend. 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.