TigerOak Management L.L.C. Increases Stake in Invesco Senior Loan ETF $BKLN

TigerOak Management L.L.C. grew its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 39.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 226,271 shares of the exchange traded fund’s stock after purchasing an additional 64,386 shares during the quarter. Invesco Senior Loan ETF makes up 1.5% of TigerOak Management L.L.C.’s portfolio, making the stock its 15th biggest position. TigerOak Management L.L.C. owned 0.08% of Invesco Senior Loan ETF worth $4,736,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Mount Lucas Management LP raised its stake in Invesco Senior Loan ETF by 5.7% in the third quarter. Mount Lucas Management LP now owns 136,934 shares of the exchange traded fund’s stock worth $2,866,000 after buying an additional 7,416 shares in the last quarter. First Heartland Consultants Inc. boosted its position in Invesco Senior Loan ETF by 13.2% during the 3rd quarter. First Heartland Consultants Inc. now owns 12,320 shares of the exchange traded fund’s stock valued at $258,000 after acquiring an additional 1,440 shares in the last quarter. Verus Capital Partners LLC increased its holdings in shares of Invesco Senior Loan ETF by 149.0% in the 3rd quarter. Verus Capital Partners LLC now owns 137,956 shares of the exchange traded fund’s stock valued at $2,887,000 after acquiring an additional 82,555 shares during the period. Alteri Wealth LLC raised its position in shares of Invesco Senior Loan ETF by 8.5% in the 3rd quarter. Alteri Wealth LLC now owns 11,057 shares of the exchange traded fund’s stock worth $231,000 after acquiring an additional 864 shares in the last quarter. Finally, Advyzon Investment Management LLC raised its position in shares of Invesco Senior Loan ETF by 3.3% in the 3rd quarter. Advyzon Investment Management LLC now owns 27,945 shares of the exchange traded fund’s stock worth $585,000 after acquiring an additional 904 shares in the last quarter.

Invesco Senior Loan ETF Stock Down 0.1%

Shares of BKLN stock opened at $20.37 on Wednesday. Invesco Senior Loan ETF has a 1-year low of $20.02 and a 1-year high of $21.07. The stock’s 50-day moving average is $20.85 and its 200 day moving average is $20.89.

Invesco Senior Loan ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 23rd will be issued a $0.1006 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Monday, February 23rd.

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.