Prudential PLC Grows Position in Invesco Senior Loan ETF $BKLN

Prudential PLC raised its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 71.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,438,839 shares of the exchange traded fund’s stock after acquiring an additional 1,019,795 shares during the period. Prudential PLC owned about 0.84% of Invesco Senior Loan ETF worth $51,045,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bogart Wealth LLC lifted its position in shares of Invesco Senior Loan ETF by 37.8% during the third quarter. Bogart Wealth LLC now owns 2,206 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 605 shares in the last quarter. Ameriflex Group Inc. boosted its holdings in Invesco Senior Loan ETF by 35.3% during the third quarter. Ameriflex Group Inc. now owns 2,316 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 604 shares during the last quarter. China Universal Asset Management Co. Ltd. bought a new stake in Invesco Senior Loan ETF in the 2nd quarter worth about $62,000. SBI Securities Co. Ltd. grew its position in Invesco Senior Loan ETF by 28.8% in the 3rd quarter. SBI Securities Co. Ltd. now owns 3,780 shares of the exchange traded fund’s stock worth $79,000 after purchasing an additional 846 shares in the last quarter. Finally, Global Wealth Strategies & Associates purchased a new stake in Invesco Senior Loan ETF in the 3rd quarter valued at about $92,000.

Invesco Senior Loan ETF Price Performance

Invesco Senior Loan ETF stock opened at $20.46 on Friday. Invesco Senior Loan ETF has a 52 week low of $20.02 and a 52 week high of $21.07. The company’s 50 day moving average price is $20.70 and its two-hundred day moving average price is $20.85.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were given a dividend of $0.1006 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Monday, February 23rd.

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.