Franklin Resources Inc. Boosts Stake in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Franklin Resources Inc. raised its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 61.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,007,427 shares of the exchange traded fund’s stock after purchasing an additional 385,157 shares during the quarter. Franklin Resources Inc. owned 0.30% of Invesco Senior Loan ETF worth $21,226,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. 1620 Investment Advisors Inc. grew its holdings in shares of Invesco Senior Loan ETF by 4.3% in the fourth 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 in the last quarter. Continental Investors Services Inc. grew its stake in shares of Invesco Senior Loan ETF by 1.6% in the third quarter. Continental Investors Services Inc. now owns 34,042 shares of the exchange traded fund’s stock worth $715,000 after acquiring an additional 523 shares in the last quarter. PFG Investments LLC increased its position 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 acquiring an additional 575 shares during the period. Great Diamond Partners LLC increased its position in shares of Invesco Senior Loan ETF by 0.6% during the fourth quarter. Great Diamond Partners LLC now owns 116,508 shares of the exchange traded fund’s stock worth $2,455,000 after acquiring an additional 679 shares during the period. Finally, Wealthcare Capital Management LLC raised its stake in shares of 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 acquiring an additional 768 shares in the last quarter.

Invesco Senior Loan ETF Price Performance

BKLN opened at $20.33 on Monday. The business has a fifty day moving average price of $20.90 and a 200 day moving average price of $21.02. Invesco Senior Loan ETF has a 12 month low of $20.24 and a 12 month high of $21.24.

Invesco Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a dividend of $0.1078 per share. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco Senior Loan ETF

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.