Liberty Mutual Group Asset Management Inc. Acquires New Stake in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Liberty Mutual Group Asset Management Inc. bought a new position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 14,112,500 shares of the exchange traded fund’s stock, valued at approximately $296,927,000. Invesco Senior Loan ETF accounts for approximately 43.7% of Liberty Mutual Group Asset Management Inc.’s portfolio, making the stock its largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of BKLN. Vantage Financial Partners LLC bought a new stake in shares of Invesco Senior Loan ETF in the fourth quarter worth $393,000. Orion Portfolio Solutions LLC boosted its position in Invesco Senior Loan ETF by 138.7% during the fourth quarter. Orion Portfolio Solutions LLC now owns 24,301 shares of the exchange traded fund’s stock valued at $515,000 after purchasing an additional 14,120 shares during the last quarter. Focus Financial Network Inc. ADV acquired a new stake in shares of Invesco Senior Loan ETF in the 4th quarter valued at approximately $541,000. J. W. Coons Advisors LLC acquired a new stake in Invesco Senior Loan ETF in the fourth quarter valued at $344,000. Finally, Avestar Capital LLC lifted its stake in Invesco Senior Loan ETF by 8.0% in the 4th quarter. Avestar Capital LLC now owns 13,500 shares of the exchange traded fund’s stock valued at $286,000 after purchasing an additional 1,000 shares during the last quarter.

Invesco Senior Loan ETF Stock Performance

NYSEARCA:BKLN opened at $20.96 on Friday. Invesco Senior Loan ETF has a 12-month low of $20.61 and a 12-month high of $21.25. The stock’s 50 day moving average price is $21.00 and its two-hundred day moving average price is $21.08.

Invesco Senior Loan ETF Company 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.