Cadent Capital Advisors LLC acquired a new position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN – Free Report) during the first quarter, HoldingsChannel reports. The institutional investor acquired 23,078 shares of the exchange traded fund’s stock, valued at approximately $478,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TD Asset Management Inc. acquired a new stake in shares of Invesco Senior Loan ETF in the 4th quarter valued at about $392,497,000. Lord Abbett & CO. LLC lifted its stake in Invesco Senior Loan ETF by 245.5% in the fourth quarter. Lord Abbett & CO. LLC now owns 8,925,810 shares of the exchange traded fund’s stock valued at $188,067,000 after buying an additional 6,342,185 shares during the last quarter. American Century Companies Inc. acquired a new stake in shares of Invesco Senior Loan ETF in the fourth quarter valued at approximately $108,480,000. Bank of America Corp DE grew its position in shares of Invesco Senior Loan ETF by 218.9% during the fourth quarter. Bank of America Corp DE now owns 7,298,702 shares of the exchange traded fund’s stock worth $153,784,000 after acquiring an additional 5,010,333 shares during the last quarter. Finally, Liberty Mutual Group Asset Management Inc. acquired a new position in shares of Invesco Senior Loan ETF in the 4th quarter valued at $105,350,000.
Invesco Senior Loan ETF Stock Performance
BKLN stock opened at $20.90 on Wednesday. The company has a fifty day moving average price of $20.78 and a 200 day moving average price of $20.90. Invesco Senior Loan ETF has a 12 month low of $20.02 and a 12 month high of $21.19.
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.
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