Brendel Financial Advisors LLC Decreases Stock Holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Brendel Financial Advisors LLC trimmed its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 6.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 128,879 shares of the exchange traded fund’s stock after selling 8,502 shares during the quarter. Invesco Senior Loan ETF accounts for approximately 1.6% of Brendel Financial Advisors LLC’s holdings, making the stock its 26th biggest holding. Brendel Financial Advisors LLC’s holdings in Invesco Senior Loan ETF were worth $2,715,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Park Avenue Securities LLC increased its stake in shares of Invesco Senior Loan ETF by 90.9% in the fourth quarter. Park Avenue Securities LLC now owns 369,341 shares of the exchange traded fund’s stock worth $7,782,000 after buying an additional 175,847 shares during the period. Signal Advisors Wealth LLC purchased a new position in shares of Invesco Senior Loan ETF in the fourth quarter worth $238,000. Hart & Patterson Financial Group LLC increased its position in Invesco Senior Loan ETF by 2.5% during the 4th quarter. Hart & Patterson Financial Group LLC now owns 65,677 shares of the exchange traded fund’s stock valued at $1,384,000 after purchasing an additional 1,630 shares during the period. Horizon Wealth Management LLC purchased a new position in Invesco Senior Loan ETF during the 4th quarter valued at $979,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in Invesco Senior Loan ETF by 2.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 84,099 shares of the exchange traded fund’s stock valued at $1,767,000 after purchasing an additional 1,940 shares during the period.

Invesco Senior Loan ETF Price Performance

Shares of Invesco Senior Loan ETF stock opened at $21.10 on Wednesday. The company’s fifty day simple moving average is $21.11 and its two-hundred day simple moving average is $21.06. Invesco Senior Loan ETF has a 12-month low of $20.61 and a 12-month high of $21.25.

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.