Sanctuary Advisors LLC Takes $425,000 Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Sanctuary Advisors LLC acquired a new stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) in the second quarter, HoldingsChannel reports. The firm acquired 20,153 shares of the exchange traded fund’s stock, valued at approximately $425,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Liberty Mutual Group Asset Management Inc. acquired a new position in Invesco Senior Loan ETF during the second quarter worth approximately $296,927,000. The Manufacturers Life Insurance Company increased its position in shares of Invesco Senior Loan ETF by 92.6% in the second quarter. The Manufacturers Life Insurance Company now owns 9,621,919 shares of the exchange traded fund’s stock worth $202,420,000 after acquiring an additional 4,625,361 shares in the last quarter. Grimes & Company Inc. increased its position in shares of Invesco Senior Loan ETF by 3.0% in the first quarter. Grimes & Company Inc. now owns 8,820,897 shares of the exchange traded fund’s stock worth $186,562,000 after acquiring an additional 255,155 shares in the last quarter. III Capital Management increased its position in shares of Invesco Senior Loan ETF by 46.9% in the second quarter. III Capital Management now owns 5,917,831 shares of the exchange traded fund’s stock worth $124,511,000 after acquiring an additional 1,888,831 shares in the last quarter. Finally, BNP Paribas acquired a new stake in shares of Invesco Senior Loan ETF in the first quarter worth $123,713,000.

Invesco Senior Loan ETF Price Performance

Invesco Senior Loan ETF stock opened at $21.15 on Thursday. Invesco Senior Loan ETF has a 52-week low of $20.61 and a 52-week high of $21.25. The firm has a fifty day moving average of $21.03 and a 200-day moving average of $21.07.

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.