Invesco Bond Fund (NYSE:VBF - Get Free Report)'s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $15.67 and traded as low as $15.35. Invesco Bond Fund shares last traded at $15.36, with a volume of 30,529 shares traded.
Invesco Bond Fund Price Performance
The company's 50 day moving average price is $15.66 and its two-hundred day moving average price is $15.23.
Invesco Bond Fund Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be paid a $0.065 dividend. This represents a $0.78 annualized dividend and a dividend yield of 5.09%. The ex-dividend date of this dividend is Monday, April 15th.
Hedge Funds Weigh In On Invesco Bond Fund
Hedge funds and other institutional investors have recently modified their holdings of the business. Quarry LP acquired a new stake in Invesco Bond Fund during the fourth quarter worth about $114,000. ProVise Management Group LLC increased its position in Invesco Bond Fund by 1.1% during the fourth quarter. ProVise Management Group LLC now owns 95,952 shares of the financial services provider's stock worth $1,459,000 after purchasing an additional 1,075 shares during the last quarter. Oak Harbor Wealth Partners LLC increased its position in Invesco Bond Fund by 3.6% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 38,858 shares of the financial services provider's stock worth $591,000 after purchasing an additional 1,353 shares during the last quarter. Shaker Financial Services LLC acquired a new stake in Invesco Bond Fund during the fourth quarter worth about $406,000. Finally, Allspring Global Investments Holdings LLC increased its position in Invesco Bond Fund by 5.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 341,232 shares of the financial services provider's stock worth $5,190,000 after purchasing an additional 16,133 shares during the last quarter. 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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