Invesco Senior Loan ETF $BKLN is Ocean Park Asset Management LLC’s 7th Largest Position

Ocean Park Asset Management LLC lowered its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 37.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,794,877 shares of the exchange traded fund’s stock after selling 2,293,009 shares during the period. Invesco Senior Loan ETF makes up 3.7% of Ocean Park Asset Management LLC’s holdings, making the stock its 7th biggest holding. Ocean Park Asset Management LLC’s holdings in Invesco Senior Loan ETF were worth $79,692,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Matthew Goff Investment Advisor LLC increased its position in shares of Invesco Senior Loan ETF by 27.8% during the fourth quarter. Matthew Goff Investment Advisor LLC now owns 420,692 shares of the exchange traded fund’s stock worth $8,835,000 after acquiring an additional 91,507 shares during the period. AA Financial Advisors LLC boosted its holdings in Invesco Senior Loan ETF by 41.3% in the fourth quarter. AA Financial Advisors LLC now owns 24,503 shares of the exchange traded fund’s stock valued at $515,000 after purchasing an additional 7,164 shares during the period. Eastern Bank boosted its holdings in Invesco Senior Loan ETF by 787.4% in the fourth quarter. Eastern Bank now owns 5,768 shares of the exchange traded fund’s stock valued at $121,000 after purchasing an additional 5,118 shares during the period. Worth Asset Management LLC acquired a new position in Invesco Senior Loan ETF during the 4th quarter worth $251,000. Finally, Mechanics Bank Trust Department grew its stake in Invesco Senior Loan ETF by 2.3% during the 4th quarter. Mechanics Bank Trust Department now owns 707,958 shares of the exchange traded fund’s stock worth $14,867,000 after purchasing an additional 15,883 shares in the last quarter.

Invesco Senior Loan ETF Stock Performance

Shares of NYSEARCA BKLN opened at $20.33 on Monday. The stock’s 50-day moving average is $20.59 and its two-hundred day moving average is $20.82. Invesco Senior Loan ETF has a 1-year low of $20.02 and a 1-year high of $21.07.

Invesco Senior Loan ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were paid 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 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.