SSI Investment Management LLC Has $8.43 Million Position in Invesco Senior Loan ETF $BKLN

SSI Investment Management LLC cut its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 7.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 401,496 shares of the exchange traded fund’s stock after selling 33,731 shares during the period. SSI Investment Management LLC’s holdings in Invesco Senior Loan ETF were worth $8,431,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stance Capital LLC bought a new stake in shares of Invesco Senior Loan ETF during the 3rd quarter valued at about $28,000. Elevated Capital Advisors LLC acquired a new position in Invesco Senior Loan ETF in the fourth quarter valued at approximately $30,000. IFP Advisors Inc boosted its holdings in shares of Invesco Senior Loan ETF by 187.9% during the 4th quarter. IFP Advisors Inc now owns 1,503 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 981 shares in the last quarter. Flagship Harbor Advisors LLC bought a new position in shares of Invesco Senior Loan ETF during the 4th quarter worth approximately $42,000. Finally, Bogart Wealth LLC grew its position in shares of Invesco Senior Loan ETF by 37.8% during the 3rd quarter. Bogart Wealth LLC now owns 2,206 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 605 shares during the period.

Invesco Senior Loan ETF Trading Down 0.4%

NYSEARCA:BKLN opened at $20.36 on Monday. Invesco Senior Loan ETF has a twelve month low of $20.02 and a twelve month high of $21.07. The company has a fifty day moving average of $20.75 and a 200-day moving average of $20.86.

Invesco Senior Loan ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were issued a $0.1006 dividend. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date was Monday, February 23rd.

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.