Grimes & Company Inc. Cuts Stock Holdings in Invesco Senior Loan ETF $BKLN

Grimes & Company Inc. lowered its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 98.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 169,224 shares of the exchange traded fund’s stock after selling 10,058,908 shares during the quarter. Grimes & Company Inc. owned approximately 0.05% of Invesco Senior Loan ETF worth $3,540,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of BKLN. NBC Securities Inc. raised its stake in Invesco Senior Loan ETF by 99,810.0% in the first quarter. NBC Securities Inc. now owns 9,991 shares of the exchange traded fund’s stock worth $206,000 after buying an additional 9,981 shares in the last quarter. Wealthcare Capital Partners LLC increased its holdings in shares of Invesco Senior Loan ETF by 13.2% in the 1st quarter. Wealthcare Capital Partners LLC now owns 21,094 shares of the exchange traded fund’s stock valued at $437,000 after acquiring an additional 2,459 shares during the period. Park Avenue Securities LLC raised its position in shares of Invesco Senior Loan ETF by 4.5% in the 1st quarter. Park Avenue Securities LLC now owns 385,795 shares of the exchange traded fund’s stock worth $7,986,000 after acquiring an additional 16,454 shares in the last quarter. Bangor Savings Bank raised its position in shares of Invesco Senior Loan ETF by 4,115.7% in the 1st quarter. Bangor Savings Bank now owns 262,093 shares of the exchange traded fund’s stock worth $5,425,000 after acquiring an additional 255,876 shares in the last quarter. Finally, Ironwood Wealth Management Inc. lifted its stake in shares of Invesco Senior Loan ETF by 2.6% during the 1st quarter. Ironwood Wealth Management Inc. now owns 1,112,815 shares of the exchange traded fund’s stock worth $22,735,000 after purchasing an additional 28,477 shares during the last quarter.

Invesco Senior Loan ETF Trading Up 0.1%

BKLN opened at $20.94 on Monday. The business’s 50-day moving average is $20.93 and its two-hundred day moving average is $20.84. Invesco Senior Loan ETF has a 1 year low of $20.02 and a 1 year high of $21.19.

Invesco Senior Loan ETF 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.