Invesco Senior Loan ETF $BKLN Shares Sold by Truist Financial Corp

Truist Financial Corp lowered its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 16.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 359,116 shares of the exchange traded fund’s stock after selling 72,434 shares during the period. Truist Financial Corp’s holdings in Invesco Senior Loan ETF were worth $7,516,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Investment Management Corp of Ontario lifted its position in shares of Invesco Senior Loan ETF by 34.7% during the 2nd quarter. Investment Management Corp of Ontario now owns 9,726,878 shares of the exchange traded fund’s stock valued at $203,486,000 after acquiring an additional 2,506,226 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Invesco Senior Loan ETF by 4.1% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 8,666,825 shares of the exchange traded fund’s stock worth $181,310,000 after acquiring an additional 342,655 shares during the period. Bank of America Corp DE increased its stake in Invesco Senior Loan ETF by 32.2% in the 2nd quarter. Bank of America Corp DE now owns 6,265,015 shares of the exchange traded fund’s stock valued at $131,064,000 after purchasing an additional 1,526,209 shares in the last quarter. Ocean Park Asset Management LLC increased its stake in Invesco Senior Loan ETF by 30.4% in the 3rd quarter. Ocean Park Asset Management LLC now owns 6,087,886 shares of the exchange traded fund’s stock valued at $127,419,000 after purchasing an additional 1,419,752 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Invesco Senior Loan ETF by 4.0% during the second quarter. Envestnet Asset Management Inc. now owns 4,089,439 shares of the exchange traded fund’s stock worth $85,442,000 after purchasing an additional 155,703 shares during the last quarter.

Invesco Senior Loan ETF Price Performance

Invesco Senior Loan ETF stock opened at $20.77 on Tuesday. Invesco Senior Loan ETF has a fifty-two week low of $20.02 and a fifty-two week high of $21.09. The stock’s fifty day moving average is $20.96 and its two-hundred day moving average is $20.93.

Invesco Senior Loan ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a dividend of $0.1078 per share. The ex-dividend date was Tuesday, January 20th. This is an increase from Invesco Senior Loan ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 6.2%.

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.