Trek Financial LLC Makes New Investment in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Trek Financial LLC purchased a new position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 62,556 shares of the exchange traded fund’s stock, valued at approximately $1,318,000.

A number of other large investors also recently made changes to their positions in BKLN. McClarren Financial Advisors Inc. boosted its position in shares of Invesco Senior Loan ETF by 5,971.4% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,275 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 1,254 shares during the last quarter. Continuum Advisory LLC raised its stake in Invesco Senior Loan ETF by 1,068.9% during the third quarter. Continuum Advisory LLC now owns 2,139 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 1,956 shares during the period. Golden State Wealth Management LLC acquired a new position in shares of Invesco Senior Loan ETF in the 4th quarter valued at $52,000. Synergy Investment Management LLC purchased a new stake in shares of Invesco Senior Loan ETF during the 4th quarter valued at $69,000. Finally, IMG Wealth Management Inc. acquired a new stake in shares of Invesco Senior Loan ETF during the 4th quarter worth $70,000.

Invesco Senior Loan ETF Stock Down 0.9 %

Shares of BKLN opened at $20.33 on Monday. The stock’s fifty day simple moving average is $20.90 and its 200 day simple moving average is $21.02. Invesco Senior Loan ETF has a twelve month low of $20.15 and a twelve month high of $21.24.

Invesco Senior Loan ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.1078 dividend. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco Senior Loan ETF

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.