Truist Financial Corp Trims Position in Invesco Senior Loan ETF $BKLN

Truist Financial Corp decreased its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 16.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 359,116 shares of the exchange traded fund’s stock after selling 72,434 shares during the period. Truist Financial Corp owned approximately 0.12% of Invesco Senior Loan ETF worth $7,516,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its position in Invesco Senior Loan ETF by 44,959.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,637,345 shares of the exchange traded fund’s stock worth $55,173,000 after acquiring an additional 2,631,492 shares during the period. Investment Management Corp of Ontario lifted its holdings in shares of Invesco Senior Loan ETF by 34.7% during the second quarter. Investment Management Corp of Ontario now owns 9,726,878 shares of the exchange traded fund’s stock worth $203,486,000 after purchasing an additional 2,506,226 shares during the period. JPMorgan Chase & Co. grew its position in Invesco Senior Loan ETF by 83.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,943,994 shares of the exchange traded fund’s stock valued at $82,508,000 after buying an additional 1,795,940 shares during the last quarter. Angeles Investment Advisors LLC acquired a new position in Invesco Senior Loan ETF in the 2nd quarter valued at $34,848,000. Finally, Hilton Capital Management LLC acquired a new position in Invesco Senior Loan ETF in the 2nd quarter valued at $32,394,000.

Invesco Senior Loan ETF Price Performance

NYSEARCA BKLN opened at $20.77 on Tuesday. Invesco Senior Loan ETF has a 52-week low of $20.02 and a 52-week high of $21.09. The firm has a 50-day moving average price of $20.96 and a 200 day moving average price of $20.93.

Invesco Senior Loan ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were issued a $0.1078 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 6.2%. This is an increase from Invesco Senior Loan ETF’s previous monthly dividend of $0.10.

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.