Congress Wealth Management LLC DE Trims Stock Holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Congress Wealth Management LLC DE lessened its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 3.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 299,512 shares of the exchange traded fund’s stock after selling 10,584 shares during the quarter. Congress Wealth Management LLC DE owned 0.09% of Invesco Senior Loan ETF worth $6,311,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of BKLN. Ocean Park Asset Management LLC grew its holdings in Invesco Senior Loan ETF by 2,838.3% during the 4th quarter. Ocean Park Asset Management LLC now owns 18,160,609 shares of the exchange traded fund’s stock worth $382,644,000 after acquiring an additional 17,542,541 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Invesco Senior Loan ETF during the third quarter worth about $346,665,000. American Century Companies Inc. acquired a new position in Invesco Senior Loan ETF in the fourth quarter worth about $108,480,000. Barclays PLC grew its stake in Invesco Senior Loan ETF by 51.9% in the third quarter. Barclays PLC now owns 6,150,000 shares of the exchange traded fund’s stock worth $129,212,000 after purchasing an additional 2,100,000 shares in the last quarter. Finally, Sumitomo Life Insurance Co. increased its holdings in Invesco Senior Loan ETF by 151.6% in the fourth quarter. Sumitomo Life Insurance Co. now owns 3,101,835 shares of the exchange traded fund’s stock valued at $65,356,000 after buying an additional 1,869,046 shares during the last quarter.

Invesco Senior Loan ETF Stock Up 0.0 %

NYSEARCA:BKLN opened at $20.78 on Wednesday. The business’s 50 day moving average is $20.97 and its two-hundred day moving average is $21.04. Invesco Senior Loan ETF has a 52 week low of $20.61 and a 52 week high of $21.24.

Invesco Senior Loan ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a dividend of $0.1078 per share. 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.