Fernwood Investment Management LLC Boosts Stock Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Fernwood Investment Management LLC grew its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 28.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,383 shares of the exchange traded fund’s stock after acquiring an additional 7,006 shares during the period. Fernwood Investment Management LLC’s holdings in Invesco Senior Loan ETF were worth $665,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in BKLN. Angeles Investment Advisors LLC purchased a new stake in shares of Invesco Senior Loan ETF in the third quarter worth $70,619,000. Kensington Asset Management LLC purchased a new stake in shares of Invesco Senior Loan ETF in the fourth quarter worth $40,312,000. Wilbanks Smith & Thomas Asset Management LLC purchased a new stake in shares of Invesco Senior Loan ETF in the third quarter worth $35,964,000. SG Americas Securities LLC purchased a new stake in shares of Invesco Senior Loan ETF in the fourth quarter worth $34,484,000. Finally, Wright Fund Management LLC raised its position in shares of Invesco Senior Loan ETF by 17.5% in the third quarter. Wright Fund Management LLC now owns 8,540,961 shares of the exchange traded fund’s stock worth $179,275,000 after buying an additional 1,272,322 shares in the last quarter.

Invesco Senior Loan ETF Stock Down 0.0 %

BKLN traded down $0.01 during trading on Monday, reaching $21.07. The stock had a trading volume of 11,028,167 shares, compared to its average volume of 9,014,283. Invesco Senior Loan ETF has a one year low of $20.55 and a one year high of $21.27. The business has a 50-day moving average of $21.12 and a 200-day moving average of $21.06.

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.