Invesco Bond Fund (NYSE:VBF) Shares Pass Above Fifty Day Moving Average of $15.65

Invesco Bond Fund (NYSE:VBFGet Free Report)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $15.65 and traded as high as $15.76. Invesco Bond Fund shares last traded at $15.65, with a volume of 51,202 shares traded.

Invesco Bond Fund Trading Down 0.1 %

The stock’s 50-day simple moving average is $15.65 and its two-hundred day simple moving average is $15.17.

Invesco Bond Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were paid a $0.065 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.78 dividend on an annualized basis and a yield of 4.98%.

Institutional Trading of Invesco Bond Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VBF. Comerica Bank acquired a new stake in shares of Invesco Bond Fund during the third quarter worth approximately $28,000. Citigroup Inc. increased its holdings in shares of Invesco Bond Fund by 108.3% during the first quarter. Citigroup Inc. now owns 3,228 shares of the financial services provider’s stock worth $50,000 after buying an additional 1,678 shares in the last quarter. Quarry LP acquired a new stake in shares of Invesco Bond Fund during the fourth quarter worth approximately $114,000. NewEdge Advisors LLC acquired a new stake in shares of Invesco Bond Fund during the first quarter worth approximately $198,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of Invesco Bond Fund during the third quarter worth $206,000. Institutional investors own 43.73% of the company’s stock.

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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