Invesco Bond Fund (NYSE:VBF - Get Free Report)'s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $15.29 and traded as high as $15.33. Invesco Bond Fund shares last traded at $15.21, with a volume of 108,726 shares.
Invesco Bond Fund Stock Up 1.8 %
The stock's fifty day moving average price is $15.29 and its 200-day moving average price is $15.67.
Invesco Bond Fund Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a $0.07 dividend. This represents a $0.84 annualized dividend and a dividend yield of 5.52%. The ex-dividend date is Wednesday, April 16th.
Institutional Investors Weigh In On Invesco Bond Fund
Institutional investors have recently made changes to their positions in the company. Noble Wealth Management PBC acquired a new stake in Invesco Bond Fund during the 1st quarter worth approximately $26,000. Janney Montgomery Scott LLC increased its position in Invesco Bond Fund by 11.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 31,242 shares of the financial services provider's stock worth $483,000 after buying an additional 3,165 shares during the period. Riverbridge Partners LLC acquired a new stake in shares of Invesco Bond Fund during the first quarter worth $177,000. Invesco Ltd. boosted its position in shares of Invesco Bond Fund by 15.0% in the fourth quarter. Invesco Ltd. now owns 147,188 shares of the financial services provider's stock valued at $2,271,000 after acquiring an additional 19,192 shares during the period. Finally, ProVise Management Group LLC grew its stake in shares of Invesco Bond Fund by 17.2% in the fourth quarter. ProVise Management Group LLC now owns 130,724 shares of the financial services provider's stock valued at $2,017,000 after acquiring an additional 19,200 shares in the last quarter. Institutional investors 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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