Valmark Advisers Inc. raised its holdings in PowerShares Senior Loan ETF (NYSE:BKLN) by 1.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,647,636 shares of the exchange traded fund’s stock after buying an additional 36,898 shares during the quarter. PowerShares Senior Loan ETF comprises 1.4% of Valmark Advisers Inc.’s investment portfolio, making the stock its 19th largest position. Valmark Advisers Inc.’s holdings in PowerShares Senior Loan ETF were worth $61,319,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of BKLN. Mitsubishi UFJ Trust & Banking Corp grew its position in shares of PowerShares Senior Loan ETF by 100.0% in the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,000,000 shares of the exchange traded fund’s stock worth $185,120,000 after buying an additional 4,000,000 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of PowerShares Senior Loan ETF by 37.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,762,356 shares of the exchange traded fund’s stock worth $179,744,000 after buying an additional 2,102,624 shares during the last quarter. Western Asset Management Co. grew its position in shares of PowerShares Senior Loan ETF by 42.5% in the 2nd quarter. Western Asset Management Co. now owns 6,502,391 shares of the exchange traded fund’s stock worth $150,466,000 after buying an additional 1,940,000 shares during the last quarter. Koch Industries Inc. bought a new stake in shares of PowerShares Senior Loan ETF in the 2nd quarter worth approximately $39,669,000. Finally, Voya Investment Management LLC grew its position in shares of PowerShares Senior Loan ETF by 36.3% in the 2nd quarter. Voya Investment Management LLC now owns 5,961,196 shares of the exchange traded fund’s stock worth $137,942,000 after buying an additional 1,587,540 shares during the last quarter.

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Shares of PowerShares Senior Loan ETF (BKLN) traded down $0.03 during mid-day trading on Tuesday, hitting $23.00. The stock had a trading volume of 496,756 shares. PowerShares Senior Loan ETF has a 12-month low of $22.98 and a 12-month high of $23.46.

The company also recently declared a monthly dividend, which was paid on Tuesday, October 31st. Investors of record on Tuesday, October 24th were given a dividend of $0.07 per share. The ex-dividend date was Monday, October 23rd. This represents a $0.84 annualized dividend and a dividend yield of 3.65%.

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

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