Invesco Bond Fund (NYSE:VBF - Get Free Report)'s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $15.26 and traded as low as $15.21. Invesco Bond Fund shares last traded at $15.31, with a volume of 21,155 shares changing hands.
Invesco Bond Fund Price Performance
The business's 50 day moving average is $15.26 and its 200 day moving average is $15.52.
Invesco Bond Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 5.49%.
Institutional Investors Weigh In On Invesco Bond Fund
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Noble Wealth Management PBC purchased a new position in Invesco Bond Fund in the 1st quarter worth $26,000. 1607 Capital Partners LLC acquired a new position in shares of Invesco Bond Fund in the first quarter valued at about $159,000. Riverbridge Partners LLC purchased a new position in shares of Invesco Bond Fund in the first quarter worth about $177,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Invesco Bond Fund during the first quarter worth about $260,000. Finally, Wolverine Asset Management LLC acquired a new stake in shares of Invesco Bond Fund during the fourth quarter worth about $351,000. 43.73% of the stock is currently owned by institutional investors and hedge funds.
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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