Crabel Capital Management LLC Decreases Stock Holdings in Invesco Senior Loan ETF $BKLN

Crabel Capital Management LLC lowered its position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 39.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 158,596 shares of the exchange traded fund’s stock after selling 101,822 shares during the period. Invesco Senior Loan ETF comprises about 3.0% of Crabel Capital Management LLC’s investment portfolio, making the stock its 13th biggest holding. Crabel Capital Management LLC’s holdings in Invesco Senior Loan ETF were worth $3,319,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in BKLN. Investment Management Corp of Ontario raised its stake in shares of Invesco Senior Loan ETF by 34.7% during the second quarter. Investment Management Corp of Ontario now owns 9,726,878 shares of the exchange traded fund’s stock valued at $203,486,000 after acquiring an additional 2,506,226 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Invesco Senior Loan ETF by 4.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 8,666,825 shares of the exchange traded fund’s stock worth $181,310,000 after purchasing an additional 342,655 shares during the last quarter. Bank of America Corp DE increased its holdings in Invesco Senior Loan ETF by 32.2% during the 2nd quarter. Bank of America Corp DE now owns 6,265,015 shares of the exchange traded fund’s stock valued at $131,064,000 after purchasing an additional 1,526,209 shares during the period. Ocean Park Asset Management LLC increased its holdings in Invesco Senior Loan ETF by 30.4% during the 3rd quarter. Ocean Park Asset Management LLC now owns 6,087,886 shares of the exchange traded fund’s stock valued at $127,419,000 after purchasing an additional 1,419,752 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Invesco Senior Loan ETF by 83.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,943,994 shares of the exchange traded fund’s stock valued at $82,508,000 after purchasing an additional 1,795,940 shares during the last quarter.

Invesco Senior Loan ETF Trading Down 0.4%

NYSEARCA BKLN opened at $20.36 on Friday. Invesco Senior Loan ETF has a fifty-two week low of $20.02 and a fifty-two week high of $21.07. The stock has a 50 day simple moving average of $20.75 and a two-hundred day simple moving average of $20.86.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 23rd were issued a dividend of $0.1006 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date was Monday, February 23rd.

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.