Invesco Bond Fund (NYSE:VBF - Get Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $15.56 and traded as low as $15.56. Invesco Bond Fund shares last traded at $15.58, with a volume of 29,110 shares changing hands.
Invesco Bond Fund Trading Down 0.4 %
The business has a 50-day simple moving average of $15.56 and a 200 day simple moving average of $16.08.
Invesco Bond Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a dividend of $0.07 per share. This represents a $0.84 dividend on an annualized basis and a yield of 5.38%. The ex-dividend date of this dividend is Monday, March 17th.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Wolverine Asset Management LLC bought a new position in shares of Invesco Bond Fund in the 4th quarter worth approximately $351,000. Raymond James Financial Inc. bought a new position in shares of Invesco Bond Fund in the 4th quarter worth approximately $654,000. Oak Harbor Wealth Partners LLC raised its position in shares of Invesco Bond Fund by 2.6% in the 3rd 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 in the last quarter. StoneX Group Inc. bought a new position in shares of Invesco Bond Fund in the 4th quarter worth approximately $839,000. Finally, Whipplewood Advisors LLC bought a new position in shares of Invesco Bond Fund in the 4th quarter worth approximately $884,000. Institutional investors own 43.73% of the company's stock.
About Invesco Bond Fund
(
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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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