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

Franklin Resources Inc. grew its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 61.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,007,427 shares of the exchange traded fund’s stock after buying an additional 385,157 shares during the quarter. Franklin Resources Inc.’s holdings in Invesco Senior Loan ETF were worth $21,226,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Kestra Private Wealth Services LLC lifted its position in shares of Invesco Senior Loan ETF by 13.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 25,234 shares of the exchange traded fund’s stock valued at $532,000 after acquiring an additional 2,939 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in Invesco Senior Loan ETF by 5.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 285,161 shares of the exchange traded fund’s stock valued at $6,008,000 after purchasing an additional 14,745 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in Invesco Senior Loan ETF by 2.4% in 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 in the last quarter. Blue Trust Inc. acquired a new stake in shares of Invesco Senior Loan ETF during the 4th quarter worth about $117,000. Finally, Principal Securities Inc. grew its holdings in shares of Invesco Senior Loan ETF by 9.9% during the fourth quarter. Principal Securities Inc. now owns 11,047 shares of the exchange traded fund’s stock worth $233,000 after buying an additional 997 shares in the last quarter.

Invesco Senior Loan ETF Price Performance

Shares of BKLN opened at $20.33 on Monday. Invesco Senior Loan ETF has a 1 year low of $20.24 and a 1 year high of $21.24. The company’s 50 day simple moving average is $20.90 and its 200 day simple moving average is $21.02.

Invesco Senior Loan ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders 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.

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.