CLS Investments LLC reduced its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 17.2% during the 1st quarter, HoldingsChannel reports. The fund owned 1,301,964 shares of the exchange traded fund’s stock after selling 270,091 shares during the quarter. CLS Investments LLC’s holdings in Invesco Senior Loan ETF were worth $29,476,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in BKLN. Mission Wealth Management LP grew its holdings in shares of Invesco Senior Loan ETF by 5.3% during the first quarter. Mission Wealth Management LP now owns 29,134 shares of the exchange traded fund’s stock worth $660,000 after buying an additional 1,470 shares during the last quarter. Overbrook Management Corp grew its holdings in shares of Invesco Senior Loan ETF by 22.1% during the first quarter. Overbrook Management Corp now owns 90,856 shares of the exchange traded fund’s stock worth $2,057,000 after buying an additional 16,439 shares during the last quarter. Advisory Alpha LLC purchased a new position in shares of Invesco Senior Loan ETF during the first quarter worth about $332,000. Morningstar Investment Services LLC grew its holdings in shares of Invesco Senior Loan ETF by 7.8% during the first quarter. Morningstar Investment Services LLC now owns 1,485,848 shares of the exchange traded fund’s stock worth $33,640,000 after buying an additional 107,251 shares during the last quarter. Finally, Neuberger Berman Group LLC purchased a new position in shares of Invesco Senior Loan ETF during the first quarter worth about $10,407,000.

Shares of NYSEARCA BKLN traded down $0.03 during midday trading on Friday, reaching $22.74. 2,794,100 shares of the company were exchanged, compared to its average volume of 6,908,226. Invesco Senior Loan ETF has a 1 year low of $21.59 and a 1 year high of $23.21.

The business also recently declared a monthly dividend, which was paid on Friday, May 31st. Investors of record on Tuesday, May 21st were issued a dividend of $0.0952 per share. The ex-dividend date was Monday, May 20th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 5.02%. This is a positive change from Invesco Senior Loan ETF’s previous monthly dividend of $0.09.

TRADEMARK VIOLATION NOTICE: This news story was first published by Daily Political and is the property of of Daily Political. If you are viewing this news story on another publication, it was illegally stolen and republished in violation of U.S. & international copyright law. The legal version of this news story can be read at https://www.dailypolitical.com/2019/06/16/cls-investments-llc-has-29-48-million-stake-in-invesco-senior-loan-etf-nysearcabkln.html.

Further Reading: The basics of gap trading strategies

Want to see what other hedge funds are holding BKLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Senior Loan ETF (NYSEARCA:BKLN).

Institutional Ownership by Quarter for Invesco Senior Loan ETF (NYSEARCA:BKLN)

Receive News & Ratings for Invesco Senior Loan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Senior Loan ETF and related companies with MarketBeat.com's FREE daily email newsletter.