Envestnet Asset Management Inc. Boosts Stock Holdings in Invesco High Income Trust II (NYSE:VLT)

Envestnet Asset Management Inc. grew its stake in shares of Invesco High Income Trust II (NYSE:VLT) by 2.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 72,341 shares of the financial services provider’s stock after buying an additional 1,602 shares during the period. Envestnet Asset Management Inc.’s holdings in Invesco High Income Trust II were worth $793,000 as of its most recent SEC filing.

Separately, Park Avenue Securities LLC lifted its position in Invesco High Income Trust II by 6.6% during the fourth quarter. Park Avenue Securities LLC now owns 66,871 shares of the financial services provider’s stock valued at $733,000 after buying an additional 4,160 shares in the last quarter. 21.63% of the stock is currently owned by institutional investors and hedge funds.

Invesco High Income Trust II Trading Up 0.8 %

VLT opened at $10.46 on Friday. The company has a 50 day moving average of $10.44 and a two-hundred day moving average of $10.90. Invesco High Income Trust II has a 52-week low of $9.12 and a 52-week high of $11.63.

Invesco High Income Trust II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a dividend of $0.0964 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.16 dividend on an annualized basis and a yield of 11.06%.

Invesco High Income Trust II Company Profile

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.