Invesco Senior Loan ETF $BKLN Shares Sold by Grimes & Company Inc.

Grimes & Company Inc. trimmed its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 98.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 169,224 shares of the exchange traded fund’s stock after selling 10,058,908 shares during the period. Grimes & Company Inc.’s holdings in Invesco Senior Loan ETF were worth $3,540,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bartlett & CO. Wealth Management LLC acquired a new stake in Invesco Senior Loan ETF in the second quarter worth about $27,000. Ameriflex Group Inc. raised its position in shares of Invesco Senior Loan ETF by 213.6% in the 2nd quarter. Ameriflex Group Inc. now owns 1,712 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 1,166 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new stake in Invesco Senior Loan ETF in the 1st quarter worth approximately $46,000. NorthRock Partners LLC acquired a new stake in Invesco Senior Loan ETF in the 1st quarter worth approximately $61,000. Finally, Capital Investment Advisory Services LLC grew its position in Invesco Senior Loan ETF by 248.4% during the 1st quarter. Capital Investment Advisory Services LLC now owns 3,132 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 2,233 shares during the last quarter.

Invesco Senior Loan ETF Stock Up 0.1%

NYSEARCA BKLN opened at $20.94 on Monday. The company has a fifty day simple moving average of $20.93 and a two-hundred day simple moving average of $20.84. Invesco Senior Loan ETF has a 12-month low of $20.02 and a 12-month high of $21.19.

Invesco Senior Loan ETF 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.