Invesco Bond Fund (NYSE:VBF - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $15.65 and traded as low as $15.51. Invesco Bond Fund shares last traded at $15.67, with a volume of 43,621 shares trading hands.
Invesco Bond Fund Stock Performance
The stock has a 50 day simple moving average of $15.62 and a 200-day simple moving average of $16.16.
Invesco Bond Fund Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be paid a $0.07 dividend. This represents a $0.84 annualized dividend and a dividend yield of 5.39%. The ex-dividend date is Tuesday, February 18th.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Wolverine Asset Management LLC purchased a new stake in Invesco Bond Fund during the fourth quarter valued at $351,000. Raymond James Financial Inc. bought a new position in shares of Invesco Bond Fund in the fourth quarter worth about $654,000. Oak Harbor Wealth Partners LLC boosted its stake in shares of Invesco Bond Fund by 2.6% in the third quarter. Oak Harbor Wealth Partners LLC now owns 42,576 shares of the financial services provider's stock worth $724,000 after acquiring an additional 1,065 shares during the period. StoneX Group Inc. bought a new position in shares of Invesco Bond Fund in the fourth quarter worth about $839,000. Finally, Whipplewood Advisors LLC bought a new position in shares of Invesco Bond Fund in the fourth quarter worth about $884,000. Hedge funds and other institutional investors own 43.73% of the company's stock.
Invesco Bond Fund Company Profile
(
Get Free Report)
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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