Bangor Savings Bank Reduces Stock Holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Bangor Savings Bank lowered its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 58.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,351 shares of the exchange traded fund’s stock after selling 18,962 shares during the quarter. Bangor Savings Bank’s holdings in Invesco Senior Loan ETF were worth $282,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Park Avenue Securities LLC boosted its stake in shares of Invesco Senior Loan ETF by 44.6% during the first quarter. Park Avenue Securities LLC now owns 99,388 shares of the exchange traded fund’s stock valued at $2,102,000 after acquiring an additional 30,653 shares during the last quarter. NBC Securities Inc. boosted its stake in shares of Invesco Senior Loan ETF by 12.3% during the first quarter. NBC Securities Inc. now owns 9,453 shares of the exchange traded fund’s stock valued at $199,000 after acquiring an additional 1,033 shares during the last quarter. Strategic Advocates LLC boosted its stake in shares of Invesco Senior Loan ETF by 5.5% during the first quarter. Strategic Advocates LLC now owns 42,201 shares of the exchange traded fund’s stock valued at $893,000 after acquiring an additional 2,213 shares during the last quarter. Appleton Partners Inc. MA boosted its stake in Invesco Senior Loan ETF by 1.8% in the 1st quarter. Appleton Partners Inc. MA now owns 134,663 shares of the exchange traded fund’s stock worth $2,848,000 after buying an additional 2,422 shares during the last quarter. Finally, Hart & Patterson Financial Group LLC acquired a new stake in Invesco Senior Loan ETF in the 4th quarter worth about $1,366,000.

Invesco Senior Loan ETF Price Performance

Shares of NYSEARCA:BKLN opened at $21.13 on Monday. The stock’s 50-day moving average price is $21.13 and its two-hundred day moving average price is $21.12. Invesco Senior Loan ETF has a 12-month low of $20.76 and a 12-month high of $21.27.

About Invesco Senior Loan ETF

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.