Traders Sell Invesco Senior Loan ETF (BKLN) on Strength (BKLN)

Traders sold shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) on strength during trading hours on Thursday. $5.21 million flowed into the stock on the tick-up and $23.59 million flowed out of the stock on the tick-down, for a money net flow of $18.38 million out of the stock. Of all companies tracked, Invesco Senior Loan ETF had the 29th highest net out-flow for the day. Invesco Senior Loan ETF traded up $0.02 for the day and closed at $22.67

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Wednesday, February 20th will be issued a $0.0949 dividend. This represents a $1.14 annualized dividend and a dividend yield of 5.02%. The ex-dividend date of this dividend is Tuesday, February 19th. This is an increase from Invesco Senior Loan ETF’s previous monthly dividend of $0.09.

Hedge funds have recently bought and sold shares of the stock. Penn Capital Management Co. Inc. purchased a new stake in Invesco Senior Loan ETF during the 4th quarter worth about $408,000. Stellar Capital Management LLC purchased a new stake in Invesco Senior Loan ETF during the 4th quarter worth about $732,000. Millennium Management LLC increased its holdings in Invesco Senior Loan ETF by 106.5% during the 4th quarter. Millennium Management LLC now owns 29,800 shares of the exchange traded fund’s stock worth $649,000 after purchasing an additional 15,370 shares during the period. grace capital increased its holdings in Invesco Senior Loan ETF by 207.6% during the 4th quarter. grace capital now owns 34,191 shares of the exchange traded fund’s stock worth $745,000 after purchasing an additional 23,076 shares during the period. Finally, Western Wealth Management LLC purchased a new stake in Invesco Senior Loan ETF during the 4th quarter worth about $212,000.

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