Shamrock Asset Management LLC Decreases Holdings in PowerShares Senior Loan ETF (BKLN)

Shamrock Asset Management LLC reduced its holdings in shares of PowerShares Senior Loan ETF (NYSEARCA:BKLN) by 57.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,240 shares of the exchange traded fund’s stock after selling 11,149 shares during the quarter. Shamrock Asset Management LLC’s holdings in PowerShares Senior Loan ETF were worth $191,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Solaris Asset Management LLC acquired a new position in shares of PowerShares Senior Loan ETF during the second quarter worth $102,000. Horan Capital Advisors LLC. acquired a new position in shares of PowerShares Senior Loan ETF during the third quarter worth $121,000. Strategic Wealth Advisors Group LLC acquired a new position in shares of PowerShares Senior Loan ETF during the third quarter worth $146,000. Sunbelt Securities Inc. acquired a new position in shares of PowerShares Senior Loan ETF during the third quarter worth $214,000. Finally, Benjamin F. Edwards & Company Inc. lifted its position in shares of PowerShares Senior Loan ETF by 0.3% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,257 shares of the exchange traded fund’s stock worth $214,000 after purchasing an additional 24 shares in the last quarter.

PowerShares Senior Loan ETF (BKLN) remained flat at $$23.03 during midday trading on Thursday. The company’s stock had a trading volume of 2,438,400 shares, compared to its average volume of 3,827,466. PowerShares Senior Loan ETF has a 1 year low of $22.96 and a 1 year high of $23.46.

The company also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Tuesday, November 21st will be given a dividend of $0.0628 per share. The ex-dividend date is Monday, November 20th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.27%.

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

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