Lord Abbett & CO. LLC Lowers Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Lord Abbett & CO. LLC decreased its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 18.6% in the 3rd quarter, Holdings Channel reports. The firm owned 2,583,625 shares of the exchange traded fund’s stock after selling 590,498 shares during the period. Lord Abbett & CO. LLC’s holdings in Invesco Senior Loan ETF were worth $54,282,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Invesco Senior Loan ETF during the third quarter valued at about $346,665,000. Liberty Mutual Group Asset Management Inc. bought a new position in shares of Invesco Senior Loan ETF during the 2nd quarter valued at about $296,927,000. International Assets Investment Management LLC raised its holdings in shares of Invesco Senior Loan ETF by 150,068.0% during the 3rd quarter. International Assets Investment Management LLC now owns 6,449,717 shares of the exchange traded fund’s stock valued at $148,342,000 after buying an additional 6,445,422 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Invesco Senior Loan ETF by 92.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,621,919 shares of the exchange traded fund’s stock worth $202,420,000 after buying an additional 4,625,361 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in Invesco Senior Loan ETF by 1,356.4% in the 3rd quarter. SG Americas Securities LLC now owns 3,519,752 shares of the exchange traded fund’s stock worth $73,950,000 after buying an additional 3,278,070 shares during the last quarter.

Invesco Senior Loan ETF Price Performance

BKLN stock opened at $21.17 on Friday. Invesco Senior Loan ETF has a one year low of $20.61 and a one year high of $21.25. The company’s 50 day moving average price is $21.10 and its two-hundred day moving average price is $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.