INV VK HI INC2 (NYSE:VLT - Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $10.55 and traded as high as $10.93. INV VK HI INC2 shares last traded at $10.90, with a volume of 21,179 shares trading hands.
INV VK HI INC2 Price Performance
The company has a 50 day simple moving average of $10.59 and a 200 day simple moving average of $10.70.
INV VK HI INC2 Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Monday, June 30th. Stockholders of record on Tuesday, June 17th were paid a dividend of $0.0964 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 10.52%. The ex-dividend date was Tuesday, June 17th.
Institutional Investors Weigh In On INV VK HI INC2
A number of institutional investors and hedge funds have recently made changes to their positions in VLT. Wolverine Asset Management LLC acquired a new position in shares of INV VK HI INC2 during the 1st quarter worth approximately $195,000. Envestnet Asset Management Inc. lifted its position in shares of INV VK HI INC2 by 1.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 73,616 shares of the financial services provider's stock valued at $780,000 after acquiring an additional 1,275 shares during the period. Finally, Shaker Financial Services LLC lifted its position in shares of INV VK HI INC2 by 126.9% during the 1st quarter. Shaker Financial Services LLC now owns 149,862 shares of the financial services provider's stock valued at $1,587,000 after acquiring an additional 83,823 shares during the period. Institutional investors own 21.63% of the company's stock.
INV VK HI INC2 Company Profile
(
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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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