Shares of Invesco Bond Fund (NYSE:VBF - Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $15.60 and traded as low as $15.42. Invesco Bond Fund shares last traded at $15.48, with a volume of 47,282 shares changing hands.
Invesco Bond Fund Stock Performance
The business's 50 day simple moving average is $15.58 and its 200 day simple moving average is $16.13.
Invesco Bond Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a $0.07 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 5.42%. The ex-dividend date of this dividend is Tuesday, February 18th.
Institutional Trading of Invesco Bond Fund
A number of hedge funds have recently made changes to their positions in VBF. International Assets Investment Management LLC lifted its position in shares of 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 worth $1,707,000 after purchasing an additional 94,259 shares in the last quarter. Oak Harbor Wealth Partners LLC lifted its position in shares of Invesco Bond Fund by 2.6% in the third quarter. Oak Harbor Wealth Partners LLC now owns 42,576 shares of the financial services provider's stock worth $724,000 after purchasing an additional 1,065 shares in the last quarter. WealthBridge Capital Management LLC lifted its position in shares of Invesco Bond Fund by 23.8% in the fourth quarter. WealthBridge Capital Management LLC now owns 116,042 shares of the financial services provider's stock worth $1,791,000 after purchasing an additional 22,284 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in shares of Invesco Bond Fund in the fourth quarter worth approximately $351,000. Finally, Whipplewood Advisors LLC purchased a new stake in shares of Invesco Bond Fund in the fourth quarter worth approximately $884,000. 43.73% of the stock is owned by hedge funds and other institutional investors.
Invesco Bond Fund Company Profile
(
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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