Invesco Bond Fund (NYSE:VBF - Get Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $15.51 and traded as high as $15.64. Invesco Bond Fund shares last traded at $15.54, with a volume of 26,702 shares.
Invesco Bond Fund Stock Performance
The company has a fifty day moving average price of $15.49 and a 200-day moving average price of $15.84.
Invesco Bond Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a $0.07 dividend. This represents a $0.84 annualized dividend and a yield of 5.60%. The ex-dividend date of this dividend is Wednesday, April 16th.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. WealthBridge Capital Management LLC lifted its stake in shares of Invesco Bond Fund by 23.8% in the 4th quarter. WealthBridge Capital Management LLC now owns 116,042 shares of the financial services provider's stock valued at $1,791,000 after purchasing an additional 22,284 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of Invesco Bond Fund in the fourth quarter worth about $351,000. Whipplewood Advisors LLC bought a new stake in shares of Invesco Bond Fund during the 4th quarter worth about $884,000. Jones Financial Companies Lllp increased its holdings in shares of Invesco Bond Fund by 39.3% during the 4th quarter. Jones Financial Companies Lllp now owns 141,398 shares of the financial services provider's stock valued at $2,182,000 after acquiring an additional 39,871 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Invesco Bond Fund during the 4th quarter valued at about $654,000. Institutional investors and hedge funds own 43.73% of the company's stock.
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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