Transcendent Capital Group LLC Invests $3.51 Million in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Transcendent Capital Group LLC acquired a new position in Invesco Senior Loan ETF (NYSEARCA:BKLN) in the fourth quarter, Holdings Channel.com reports. The fund acquired 166,467 shares of the exchange traded fund’s stock, valued at approximately $3,507,000. Invesco Senior Loan ETF accounts for approximately 1.8% of Transcendent Capital Group LLC’s holdings, making the stock its 15th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BKLN. McClarren Financial Advisors Inc. boosted its holdings in Invesco Senior Loan ETF by 5,971.4% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,275 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 1,254 shares in the last quarter. Avior Wealth Management LLC purchased a new position in shares of Invesco Senior Loan ETF in the 3rd quarter valued at approximately $28,000. Continuum Advisory LLC boosted its stake in Invesco Senior Loan ETF by 1,068.9% in the 3rd quarter. Continuum Advisory LLC now owns 2,139 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 1,956 shares in the last quarter. SouthState Corp grew its position in Invesco Senior Loan ETF by 73.9% during the 3rd quarter. SouthState Corp now owns 2,370 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 1,007 shares during the last quarter. Finally, Golden State Wealth Management LLC acquired a new position in Invesco Senior Loan ETF during the 4th quarter valued at approximately $52,000.

Invesco Senior Loan ETF Trading Down 0.6 %

NYSEARCA:BKLN opened at $20.92 on Tuesday. Invesco Senior Loan ETF has a 12 month low of $20.61 and a 12 month high of $21.25. The firm has a fifty day simple moving average of $21.07 and a 200-day simple 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.