Bank of New York Mellon Corp Trims Position in Invesco Senior Loan ETF $BKLN

Bank of New York Mellon Corp decreased its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 18.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,031,709 shares of the exchange traded fund’s stock after selling 693,175 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco Senior Loan ETF were worth $63,423,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. The Manufacturers Life Insurance Company increased its position in shares of Invesco Senior Loan ETF by 14.6% during the 1st quarter. The Manufacturers Life Insurance Company now owns 10,149,176 shares of the exchange traded fund’s stock valued at $210,088,000 after purchasing an additional 1,294,816 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Invesco Senior Loan ETF by 82.6% during the first quarter. Goldman Sachs Group Inc. now owns 8,813,459 shares of the exchange traded fund’s stock valued at $182,439,000 after buying an additional 3,988,121 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Invesco Senior Loan ETF by 4.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 8,324,170 shares of the exchange traded fund’s stock worth $172,310,000 after acquiring an additional 383,092 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Invesco Senior Loan ETF by 24.0% during the 1st quarter. Ameriprise Financial Inc. now owns 5,745,022 shares of the exchange traded fund’s stock worth $118,922,000 after acquiring an additional 1,113,251 shares during the last quarter. Finally, Corebridge Financial Inc. bought a new stake in shares of Invesco Senior Loan ETF during the 1st quarter valued at $98,134,000.

Invesco Senior Loan ETF Stock Performance

NYSEARCA:BKLN opened at $20.93 on Monday. Invesco Senior Loan ETF has a one year low of $20.02 and a one year high of $21.19. The business has a fifty day moving average price of $20.91 and a 200-day moving average price of $20.90.

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.