Sage Financial Group Inc. Increases Stake in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Sage Financial Group Inc. raised its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 706.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 383,485 shares of the exchange traded fund’s stock after buying an additional 335,947 shares during the quarter. Invesco Senior Loan ETF comprises approximately 0.8% of Sage Financial Group Inc.’s holdings, making the stock its 20th largest position. Sage Financial Group Inc.’s holdings in Invesco Senior Loan ETF were worth $8,122,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in BKLN. Covestor Ltd boosted its stake in Invesco Senior Loan ETF by 186.1% during the first quarter. Covestor Ltd now owns 1,156 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 752 shares during the period. Huntington National Bank grew its stake in Invesco Senior Loan ETF by 172,000.0% in the third quarter. Huntington National Bank now owns 1,721 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 1,720 shares during the last quarter. Fortis Capital Advisors LLC purchased a new stake in shares of Invesco Senior Loan ETF during the fourth quarter worth about $40,000. Advisors Asset Management Inc. grew its stake in shares of Invesco Senior Loan ETF by 30.0% during the first quarter. Advisors Asset Management Inc. now owns 4,124 shares of the exchange traded fund’s stock worth $90,000 after acquiring an additional 951 shares during the last quarter. Finally, Harbor Capital Advisors Inc. purchased a new stake in shares of Invesco Senior Loan ETF during the fourth quarter worth about $106,000.

Invesco Senior Loan ETF Price Performance

NYSEARCA BKLN traded up $0.04 during trading hours on Thursday, reaching $21.15. The stock had a trading volume of 5,324,550 shares, compared to its average volume of 7,752,000. Invesco Senior Loan ETF has a 52-week low of $20.55 and a 52-week high of $21.27. The stock has a fifty day moving average of $21.10 and a 200 day moving average of $21.05.

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.