Invesco Bond Fund (NYSE:VBF - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $16.67 and traded as low as $16.11. Invesco Bond Fund shares last traded at $16.16, with a volume of 32,575 shares traded.
Invesco Bond Fund Trading Down 0.4 %
The stock's 50-day moving average is $16.67 and its 200-day moving average is $16.23.
Invesco Bond Fund Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.074 dividend. This represents a $0.89 annualized dividend and a dividend yield of 5.52%. The ex-dividend date of this dividend is Friday, November 15th.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Oak Harbor Wealth Partners LLC increased its stake in Invesco Bond Fund by 2.6% in the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 42,576 shares of the financial services provider's stock valued at $724,000 after buying an additional 1,065 shares during the period. Melfa Wealth Management Inc. increased its holdings in shares of Invesco Bond Fund by 16.2% during the 2nd quarter. Melfa Wealth Management Inc. now owns 26,964 shares of the financial services provider's stock worth $433,000 after purchasing an additional 3,750 shares during the period. ProVise Management Group LLC increased its position in shares of Invesco Bond Fund by 5.6% during the second quarter. ProVise Management Group LLC now owns 98,845 shares of the financial services provider's stock valued at $1,585,000 after purchasing an additional 5,255 shares during the period. International Assets Investment Management LLC acquired a new position in Invesco Bond Fund in the second quarter worth about $98,000. Finally, Gilman Hill Asset Management LLC bought a new stake in shares of Invesco Bond Fund in the 2nd quarter worth about $168,000. 43.73% of the stock is owned by institutional investors and hedge funds.
Invesco Bond Fund Company Profile
(
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Invesco Bond Fund is a close ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.
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