ETFs

Guggenheim Capital Reduces Stake in Invesco Senior Loan ETF

Published November 23, 2023

Guggenheim Capital LLC has reduced its investment in the Invesco Senior Loan ETF, a move highlighted in recent regulatory filings. The disposal of 117,360 shares amounts to a 9.9% decrease from their previous holdings, leaving the firm with 1,072,394 shares by the end of the second quarter. This adjustment brings their stake's worth to approximately $22.5 million, based on the last filed documentation with the Securities and Exchange Commission.

Investor Actions in Invesco Senior Loan ETF

Alongside Guggenheim's sell-off, other institutional stakeholders have been adjusting their investments in the ETF. Dakota Wealth Management raised their holding by 3.9% during the same quarter, acquiring 532 additional shares. Cambridge Trust Co. notably increased its stake by 85.5% earlier in the first quarter. Global Retirement Partners LLC and Tower Research Capital LLC TRC similarly enlarged their positions in the fund, each acquiring additional shares in the ETF.

Boyd Watterson Asset Management LLC OH showed a remarkable 43.3% surge in their holdings during the second quarter, further indicating sustained interest from varied institutional investors.

Performance of Invesco Senior Loan ETF

The trading price for Invesco Senior Loan ETF shares opened at $20.90 on the stock exchange, with a historical range between $20.33 and $21.27 over the past twelve months. The ETF's average prices have remained consistent, with simple moving averages hovering around the $20.95 to $20.97 mark over fifty and two hundred days, respectively.

About Invesco Senior Loan ETF

Invesco Senior Loan ETF focuses mainly on high yield fixed income, represented by a collection of senior loans issued by banks to corporations. Launched over a decade ago, the ETF offers investors exposure to this specific segment of the financial market and is actively managed by Invesco.

Guggenheim, Invesco, ETF