TD Asset Management Inc. Takes Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

TD Asset Management Inc. bought a new position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 18,628,261 shares of the exchange traded fund’s stock, valued at approximately $392,497,000. TD Asset Management Inc. owned approximately 5.55% of Invesco Senior Loan ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. 1620 Investment Advisors Inc. increased its position in shares of Invesco Senior Loan ETF by 4.3% in the 4th quarter. 1620 Investment Advisors Inc. now owns 11,776 shares of the exchange traded fund’s stock valued at $248,000 after purchasing an additional 481 shares during the last quarter. Continental Investors Services Inc. grew its stake in shares of Invesco Senior Loan ETF by 1.6% during the third quarter. Continental Investors Services Inc. now owns 34,042 shares of the exchange traded fund’s stock worth $715,000 after purchasing an additional 523 shares in the last quarter. PFG Investments LLC grew its stake in shares of Invesco Senior Loan ETF by 3.4% during the fourth quarter. PFG Investments LLC now owns 17,282 shares of the exchange traded fund’s stock worth $364,000 after purchasing an additional 575 shares in the last quarter. Great Diamond Partners LLC raised its stake in Invesco Senior Loan ETF by 0.6% in the fourth quarter. Great Diamond Partners LLC now owns 116,508 shares of the exchange traded fund’s stock valued at $2,455,000 after buying an additional 679 shares in the last quarter. Finally, Wealthcare Capital Management LLC raised its stake in Invesco Senior Loan ETF by 2.5% in the fourth quarter. Wealthcare Capital Management LLC now owns 31,346 shares of the exchange traded fund’s stock valued at $660,000 after buying an additional 768 shares in the last quarter.

Invesco Senior Loan ETF Stock Down 0.4 %

NYSEARCA:BKLN opened at $20.77 on Tuesday. Invesco Senior Loan ETF has a 1 year low of $20.61 and a 1 year high of $21.24. The stock has a 50-day simple moving average of $20.98 and a 200-day simple moving average of $21.05.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be issued a $0.1078 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.