Invesco Bond Fund (NYSE:VBF - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $16.31 and traded as low as $15.42. Invesco Bond Fund shares last traded at $15.50, with a volume of 18,712 shares changing hands.
Invesco Bond Fund Stock Performance
The business's 50 day moving average price is $16.00 and its 200-day moving average price is $16.31.
Invesco Bond Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be paid a dividend of $0.085 per share. This represents a $1.02 annualized dividend and a yield of 6.58%. The ex-dividend date of this dividend is Tuesday, December 17th.
Hedge Funds Weigh In On Invesco Bond Fund
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Oak Harbor Wealth Partners LLC increased its position 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 worth $724,000 after acquiring an additional 1,065 shares during the last quarter. International Assets Investment Management LLC increased its holdings in Invesco Bond Fund by 1,545.2% during the 3rd quarter. International Assets Investment Management LLC now owns 100,359 shares of the financial services provider's stock worth $1,707,000 after purchasing an additional 94,259 shares during the last quarter. WealthBridge Capital Management LLC raised its position in shares of Invesco Bond Fund by 41.3% in the 3rd quarter. WealthBridge Capital Management LLC now owns 93,758 shares of the financial services provider's stock valued at $1,595,000 after purchasing an additional 27,407 shares in the last quarter. Finally, ProVise Management Group LLC boosted its stake in shares of Invesco Bond Fund by 5.6% during the 2nd quarter. ProVise Management Group LLC now owns 98,845 shares of the financial services provider's stock valued at $1,585,000 after buying an additional 5,255 shares during the last quarter. 43.73% of the stock is owned by hedge funds and other 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.
Featured Articles
Before you consider Invesco Bond Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco Bond Fund wasn't on the list.
While Invesco Bond Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
