D.A. Davidson & CO. boosted its holdings in shares of PowerShares Senior Loan ETF (NYSEARCA:BKLN) by 5.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,573,458 shares of the exchange traded fund’s stock after purchasing an additional 84,416 shares during the period. PowerShares Senior Loan ETF comprises 0.7% of D.A. Davidson & CO.’s portfolio, making the stock its 28th biggest holding. D.A. Davidson & CO.’s holdings in PowerShares Senior Loan ETF were worth $36,441,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Solaris Asset Management LLC bought a new position in PowerShares Senior Loan ETF during the second quarter worth about $102,000. Strategic Wealth Advisors Group LLC bought a new position in shares of PowerShares Senior Loan ETF in the third quarter valued at approximately $146,000. Sunbelt Securities Inc. bought a new position in shares of PowerShares Senior Loan ETF in the third quarter valued at approximately $214,000. Benjamin F. Edwards & Company Inc. raised its stake in shares of PowerShares Senior Loan ETF by 0.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,257 shares of the exchange traded fund’s stock valued at $214,000 after acquiring an additional 24 shares during the last quarter. Finally, Raymond James Trust N.A. bought a new position in shares of PowerShares Senior Loan ETF in the third quarter valued at approximately $226,000.

PowerShares Senior Loan ETF (BKLN) traded up $0.03 during trading hours on Wednesday, hitting $23.03. 2,362,600 shares of the stock were exchanged, compared to its average volume of 3,833,640. PowerShares Senior Loan ETF has a 52 week low of $22.96 and a 52 week high of $23.46.

The company also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Tuesday, November 21st will be paid a $0.0628 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date of this dividend is Monday, November 20th.

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Institutional Ownership by Quarter for PowerShares Senior Loan ETF (NYSEARCA:BKLN)

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