Guidance Capital Inc. Grows Stock Position in Invesco Senior Loan ETF $BKLN

Guidance Capital Inc. lifted its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 17.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 176,347 shares of the exchange traded fund’s stock after buying an additional 25,868 shares during the quarter. Invesco Senior Loan ETF makes up 1.0% of Guidance Capital Inc.’s holdings, making the stock its 21st largest position. Guidance Capital Inc.’s holdings in Invesco Senior Loan ETF were worth $3,677,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of BKLN. Investment Management Corp of Ontario lifted its holdings in Invesco Senior Loan ETF by 34.7% in the second quarter. Investment Management Corp of Ontario now owns 9,726,878 shares of the exchange traded fund’s stock valued at $203,486,000 after acquiring an additional 2,506,226 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Invesco Senior Loan ETF by 4.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 8,666,825 shares of the exchange traded fund’s stock worth $181,310,000 after purchasing an additional 342,655 shares during the period. Bank of America Corp DE increased its holdings in shares of Invesco Senior Loan ETF by 32.2% during the 2nd quarter. Bank of America Corp DE now owns 6,265,015 shares of the exchange traded fund’s stock valued at $131,064,000 after purchasing an additional 1,526,209 shares in the last quarter. Ocean Park Asset Management LLC lifted its stake in shares of Invesco Senior Loan ETF by 30.4% in the 3rd quarter. Ocean Park Asset Management LLC now owns 6,087,886 shares of the exchange traded fund’s stock valued at $127,419,000 after purchasing an additional 1,419,752 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Invesco Senior Loan ETF by 4.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,089,439 shares of the exchange traded fund’s stock valued at $85,442,000 after purchasing an additional 155,703 shares during the period.

Invesco Senior Loan ETF Stock Performance

BKLN stock opened at $20.64 on Tuesday. Invesco Senior Loan ETF has a one year low of $20.02 and a one year high of $21.09. The firm’s fifty day moving average is $20.90 and its 200 day moving average is $20.91.

Invesco Senior Loan ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a dividend of $0.1078 per share. This is a boost from Invesco Senior Loan ETF’s previous monthly dividend of $0.10. The ex-dividend date was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

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.