Invesco Bond Fund (NYSE:VBF - Get Free Report)'s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $15.67 and traded as low as $15.52. Invesco Bond Fund shares last traded at $15.58, with a volume of 67,928 shares trading hands.
Invesco Bond Fund Stock Performance
The firm's 50-day simple moving average is $15.66 and its 200 day simple moving average is $16.21.
Invesco Bond Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.84 dividend on an annualized basis and a yield of 5.36%.
Institutional Trading of Invesco Bond Fund
Several institutional investors have recently added to or reduced their stakes in the stock. Oak Harbor Wealth Partners LLC raised its holdings in shares of Invesco Bond Fund by 2.6% during the third quarter. Oak Harbor Wealth Partners LLC now owns 42,576 shares of the financial services provider's stock valued at $724,000 after purchasing an additional 1,065 shares during the period. International Assets Investment Management LLC grew its stake in Invesco Bond Fund by 1,545.2% in the third quarter. International Assets Investment Management LLC now owns 100,359 shares of the financial services provider's stock valued at $1,707,000 after acquiring an additional 94,259 shares during the period. Finally, WealthBridge Capital Management LLC raised its position in shares of Invesco Bond Fund by 41.3% during the third quarter. WealthBridge Capital Management LLC now owns 93,758 shares of the financial services provider's stock worth $1,595,000 after purchasing an additional 27,407 shares during the period. 43.73% of the stock is currently owned by institutional investors.
About Invesco Bond Fund
(
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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