Invesco High Income Trust II (NYSE:VLT - Get Free Report) announced a monthly dividend on Tuesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 16th will be paid a dividend of 0.0964 per share by the financial services provider on Tuesday, April 30th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 10.84%. The ex-dividend date is Monday, April 15th.
Invesco High Income Trust II Price Performance
VLT traded down $0.02 during midday trading on Tuesday, reaching $10.68. 8,549 shares of the company were exchanged, compared to its average volume of 21,731. Invesco High Income Trust II has a one year low of $9.29 and a one year high of $10.93. The stock's 50-day simple moving average is $10.56 and its 200 day simple moving average is $10.22.
Institutional Trading of Invesco High Income Trust II
A number of hedge funds have recently modified their holdings of VLT. Royal Bank of Canada increased its stake in Invesco High Income Trust II by 28.6% in the fourth quarter. Royal Bank of Canada now owns 9,192 shares of the financial services provider's stock valued at $95,000 after purchasing an additional 2,046 shares in the last quarter. UBS Group AG increased its position in shares of Invesco High Income Trust II by 32.7% in the 1st quarter. UBS Group AG now owns 8,010 shares of the financial services provider's stock valued at $98,000 after buying an additional 1,974 shares in the last quarter. Bank of America Corp DE increased its position in shares of Invesco High Income Trust II by 19.4% in the 1st quarter. Bank of America Corp DE now owns 12,064 shares of the financial services provider's stock valued at $149,000 after buying an additional 1,959 shares in the last quarter. LPL Financial LLC raised its stake in Invesco High Income Trust II by 6.3% during the 2nd quarter. LPL Financial LLC now owns 15,409 shares of the financial services provider's stock worth $161,000 after buying an additional 916 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in Invesco High Income Trust II by 7.5% during the second quarter. Osaic Holdings Inc. now owns 19,047 shares of the financial services provider's stock worth $180,000 after acquiring an additional 1,323 shares in the last quarter. 21.63% of the stock is currently owned by institutional investors and hedge funds.
About Invesco High Income Trust II
(
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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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