Shaker Financial Services LLC raised its stake in INV VK HI INC2 (NYSE:VLT - Free Report) by 126.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,862 shares of the financial services provider's stock after acquiring an additional 83,823 shares during the period. Shaker Financial Services LLC owned approximately 2.31% of INV VK HI INC2 worth $1,587,000 at the end of the most recent quarter.
Separately, Envestnet Asset Management Inc. raised its holdings in INV VK HI INC2 by 2.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 72,341 shares of the financial services provider's stock valued at $793,000 after acquiring an additional 1,602 shares in the last quarter. Institutional investors and hedge funds own 21.63% of the company's stock.
INV VK HI INC2 Price Performance
NYSE VLT traded up $0.04 during midday trading on Friday, hitting $11.11. The company had a trading volume of 10,344 shares, compared to its average volume of 18,463. INV VK HI INC2 has a twelve month low of $9.12 and a twelve month high of $11.63. The firm has a 50-day moving average price of $10.90 and a 200-day moving average price of $10.70.
INV VK HI INC2 Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Friday, August 29th. Stockholders of record on Monday, August 18th will be issued a dividend of $0.0964 per share. The ex-dividend date of this dividend is Monday, August 18th. This represents a c) dividend on an annualized basis and a dividend yield of 10.4%.
INV VK HI INC2 Company Profile
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Free Report)
Invesco High Income Trust II is a closed 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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