Bay Capital Advisors LLC Purchases New Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Bay Capital Advisors LLC bought a new stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 148,289 shares of the exchange traded fund’s stock, valued at approximately $3,124,000. Invesco Senior Loan ETF comprises 2.5% of Bay Capital Advisors LLC’s investment portfolio, making the stock its 11th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. TD Asset Management Inc. bought a new position in Invesco Senior Loan ETF in the fourth quarter valued at about $392,497,000. Angeles Investment Advisors LLC purchased a new position in shares of Invesco Senior Loan ETF in the fourth quarter worth approximately $72,215,000. LPL Financial LLC grew its position in Invesco Senior Loan ETF by 45.4% during the fourth quarter. LPL Financial LLC now owns 4,266,626 shares of the exchange traded fund’s stock valued at $89,898,000 after buying an additional 1,333,141 shares during the period. Simplex Trading LLC increased its holdings in Invesco Senior Loan ETF by 63.0% during the fourth quarter. Simplex Trading LLC now owns 12,528 shares of the exchange traded fund’s stock valued at $263,000 after buying an additional 4,844 shares during the last quarter. Finally, Sykon Capital LLC boosted its stake in shares of Invesco Senior Loan ETF by 106.6% during the 4th quarter. Sykon Capital LLC now owns 183,256 shares of the exchange traded fund’s stock worth $3,861,000 after acquiring an additional 94,542 shares during the last quarter.

Invesco Senior Loan ETF Stock Down 0.4 %

Shares of Invesco Senior Loan ETF stock opened at $20.77 on Tuesday. The stock’s fifty day moving average is $20.98 and its 200 day moving average is $21.05. Invesco Senior Loan ETF has a one year low of $20.61 and a one year high of $21.24.

Invesco Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a $0.1078 dividend. The ex-dividend date is Monday, March 24th.

Invesco Senior Loan ETF Company Profile

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.