Mechanics Bank Trust Department Grows Stake in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Mechanics Bank Trust Department grew its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 14.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 592,210 shares of the exchange traded fund’s stock after buying an additional 73,615 shares during the period. Invesco Senior Loan ETF accounts for 1.7% of Mechanics Bank Trust Department’s portfolio, making the stock its 13th biggest position. Mechanics Bank Trust Department owned approximately 0.18% of Invesco Senior Loan ETF worth $12,478,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BKLN. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Invesco Senior Loan ETF in the third quarter worth about $346,665,000. Liberty Mutual Group Asset Management Inc. bought a new stake in shares of Invesco Senior Loan ETF during the 2nd quarter valued at $296,927,000. Investment Management Corp of Ontario boosted its holdings in shares of Invesco Senior Loan ETF by 0.9% during the 3rd quarter. Investment Management Corp of Ontario now owns 10,892,627 shares of the exchange traded fund’s stock valued at $228,854,000 after buying an additional 101,849 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in shares of Invesco Senior Loan ETF by 4.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 10,085,313 shares of the exchange traded fund’s stock worth $211,892,000 after buying an additional 463,394 shares during the period. Finally, Grimes & Company Inc. lifted its position in Invesco Senior Loan ETF by 4.3% during the 3rd quarter. Grimes & Company Inc. now owns 9,497,020 shares of the exchange traded fund’s stock valued at $199,532,000 after acquiring an additional 388,486 shares during the period.

Invesco Senior Loan ETF Trading Up 0.1 %

BKLN stock opened at $21.15 on Monday. The firm has a 50 day moving average price of $21.11 and a 200-day moving average price of $21.06. Invesco Senior Loan ETF has a 52-week low of $20.61 and a 52-week high of $21.25.

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.