Raymond James Financial Services Advisors Inc. Sells 138,418 Shares of PowerShares Senior Loan ETF (BKLN)

Raymond James Financial Services Advisors Inc. cut its holdings in PowerShares Senior Loan ETF (NYSEARCA:BKLN) by 29.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 327,380 shares of the exchange traded fund’s stock after selling 138,418 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in PowerShares Senior Loan ETF were worth $7,582,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of BKLN. Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of PowerShares Senior Loan ETF by 100.0% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,000,000 shares of the exchange traded fund’s stock valued at $185,120,000 after purchasing an additional 4,000,000 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of PowerShares Senior Loan ETF by 37.2% in the second quarter. Ameriprise Financial Inc. now owns 7,762,356 shares of the exchange traded fund’s stock valued at $179,744,000 after purchasing an additional 2,102,624 shares in the last quarter. Western Asset Management Co. grew its holdings in shares of PowerShares Senior Loan ETF by 42.5% in the second quarter. Western Asset Management Co. now owns 6,502,391 shares of the exchange traded fund’s stock valued at $150,466,000 after purchasing an additional 1,940,000 shares in the last quarter. Koch Industries Inc. purchased a new position in shares of PowerShares Senior Loan ETF in the second quarter valued at $39,669,000. Finally, Voya Investment Management LLC grew its holdings in shares of PowerShares Senior Loan ETF by 36.3% in the second quarter. Voya Investment Management LLC now owns 5,961,196 shares of the exchange traded fund’s stock valued at $137,942,000 after purchasing an additional 1,587,540 shares in the last quarter.

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PowerShares Senior Loan ETF (BKLN) opened at $23.04 on Monday. PowerShares Senior Loan ETF has a one year low of $22.96 and a one year high of $23.46.

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Tuesday, October 24th were paid a dividend of $0.07 per share. This represents a $0.84 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend was Monday, October 23rd.

Institutional Ownership by Quarter for PowerShares Senior Loan ETF (NYSEARCA:BKLN)

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