Hillsdale Investment Management Inc. Trims Stock Holdings in Invesco Senior Loan ETF $BKLN

Hillsdale Investment Management Inc. decreased its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 31.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,550 shares of the exchange traded fund’s stock after selling 12,900 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Invesco Senior Loan ETF were worth $597,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Corebridge Financial Inc. bought a new position in shares of Invesco Senior Loan ETF in the 1st quarter worth about $98,134,000. Goldman Sachs Group Inc. boosted its stake 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 worth $182,439,000 after acquiring an additional 3,988,121 shares in the last quarter. Nuveen LLC purchased a new stake in Invesco Senior Loan ETF in the first quarter worth about $59,076,000. CNO Financial Group Inc. bought a new position in shares of Invesco Senior Loan ETF during the first quarter valued at approximately $44,029,000. Finally, 1832 Asset Management L.P. increased its stake in shares of Invesco Senior Loan ETF by 177.4% during the first quarter. 1832 Asset Management L.P. now owns 2,896,817 shares of the exchange traded fund’s stock valued at $59,964,000 after purchasing an additional 1,852,420 shares in the last quarter.

Invesco Senior Loan ETF Price Performance

Shares of BKLN opened at $20.93 on Monday. The business’s 50 day moving average price is $20.91 and its 200-day moving average price is $20.91. Invesco Senior Loan ETF has a 52 week low of $20.02 and a 52 week high of $21.19.

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.