Prudential PLC Acquires 71,916 Shares of Invesco Senior Loan ETF (NYSEARCA:BKLN)

Prudential PLC increased its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,383,482 shares of the exchange traded fund’s stock after buying an additional 71,916 shares during the quarter. Invesco Senior Loan ETF accounts for about 0.3% of Prudential PLC’s holdings, making the stock its 29th biggest holding. Prudential PLC owned approximately 0.71% of Invesco Senior Loan ETF worth $50,220,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. McClarren Financial Advisors Inc. grew its stake in shares of Invesco Senior Loan ETF by 5,971.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,275 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 1,254 shares during the last quarter. Continuum Advisory LLC boosted its holdings in shares of Invesco Senior Loan ETF by 1,068.9% during the 3rd quarter. Continuum Advisory LLC now owns 2,139 shares of the exchange traded fund’s stock valued at $45,000 after acquiring an additional 1,956 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in Invesco Senior Loan ETF during the 4th quarter worth $52,000. Synergy Investment Management LLC acquired a new position in Invesco Senior Loan ETF in the 4th quarter worth about $69,000. Finally, IMG Wealth Management Inc. bought a new position in Invesco Senior Loan ETF in the fourth quarter valued at about $70,000.

Invesco Senior Loan ETF Stock Performance

NYSEARCA:BKLN opened at $20.52 on Friday. The stock’s 50-day moving average is $20.92 and its 200-day moving average is $21.03. Invesco Senior Loan ETF has a 1-year low of $20.50 and a 1-year high of $21.24.

Invesco Senior Loan ETF Cuts Dividend

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

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.