Invesco Bond Fund (NYSE:VBF) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Invesco Bond Fund (NYSE:VBF)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $15.72 and traded as high as $15.83. Invesco Bond Fund shares last traded at $15.72, with a volume of 66,501 shares changing hands.

Invesco Bond Fund Price Performance

The business’s 50-day moving average price is $15.72 and its 200-day moving average price is $15.54.

Invesco Bond Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, November 17th will be issued a $0.07 dividend. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Monday, November 17th.

Institutional Trading of Invesco Bond Fund

Institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC purchased a new position in Invesco Bond Fund during the 3rd quarter worth $37,000. 1607 Capital Partners LLC acquired a new stake in Invesco Bond Fund in the first quarter worth about $159,000. Mutual Advisors LLC acquired a new stake in Invesco Bond Fund in the third quarter worth about $196,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Invesco Bond Fund during the first quarter worth about $260,000. Finally, Osaic Holdings Inc. increased its holdings in shares of Invesco Bond Fund by 3.9% during the second quarter. Osaic Holdings Inc. now owns 18,159 shares of the financial services provider’s stock valued at $280,000 after acquiring an additional 690 shares in the last quarter. Institutional investors and hedge funds own 43.73% of the company’s stock.

Invesco Bond Fund Company Profile

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.