Icon Advisers Inc. Co. Buys Shares of 21,645 PowerShares Senior Loan ETF (BKLN)

Icon Advisers Inc. Co. bought a new position in PowerShares Senior Loan ETF (NYSEARCA:BKLN) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 21,645 shares of the exchange traded fund’s stock, valued at approximately $501,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BB&T Investment Services Inc. bought a new position in PowerShares Senior Loan ETF in the 2nd quarter worth about $1,519,000. Caspian Capital LP bought a new stake in shares of PowerShares Senior Loan ETF during the 2nd quarter valued at about $19,669,000. The Manufacturers Life Insurance Company boosted its position in shares of PowerShares Senior Loan ETF by 7.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,854,543 shares of the exchange traded fund’s stock valued at $297,454,000 after acquiring an additional 849,628 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of PowerShares Senior Loan ETF by 7.0% during the 2nd quarter. Cetera Investment Advisers now owns 136,272 shares of the exchange traded fund’s stock valued at $3,150,000 after acquiring an additional 8,969 shares during the last quarter. Finally, Pinebridge Investments L.P. boosted its position in shares of PowerShares Senior Loan ETF by 164.1% during the 2nd quarter. Pinebridge Investments L.P. now owns 557,266 shares of the exchange traded fund’s stock valued at $12,895,000 after acquiring an additional 346,300 shares during the last quarter.

Shares of PowerShares Senior Loan ETF (NYSEARCA:BKLN) traded down $0.01 on Friday, hitting $23.02. The stock had a trading volume of 118,684 shares. PowerShares Senior Loan ETF has a 12-month low of $22.96 and a 12-month high of $23.46.

The firm also recently declared 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 of this dividend 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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