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

Invesco Bond Fund (NYSE:VBF) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $15.58 and traded as low as $15.43. Invesco Bond Fund shares last traded at $15.48, with a volume of 55,144 shares changing hands.

Invesco Bond Fund Stock Performance

The business’s 50 day simple moving average is $15.58 and its 200 day simple moving average is $15.56.

Invesco Bond Fund Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th will be paid a dividend of $0.0715 per share. This is an increase from Invesco Bond Fund’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Tuesday, December 16th. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%.

Institutional Trading of Invesco Bond Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Invesco Ltd. raised its stake in shares of Invesco Bond Fund by 19.2% during the 1st quarter. Invesco Ltd. now owns 175,466 shares of the financial services provider’s stock worth $2,713,000 after purchasing an additional 28,278 shares in the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Invesco Bond Fund by 23.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 106,375 shares of the financial services provider’s stock valued at $1,679,000 after purchasing an additional 20,312 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its stake in shares of Invesco Bond Fund by 27.1% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 89,532 shares of the financial services provider’s stock valued at $1,413,000 after purchasing an additional 19,111 shares during the last quarter. Landscape Capital Management L.L.C. bought a new stake in Invesco Bond Fund in the first quarter worth $260,000. Finally, Mutual Advisors LLC acquired a new position in Invesco Bond Fund during the third quarter worth $196,000. 43.73% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Bond Fund Company Profile

Invesco Bond Fund (NYSE: VBF) is an actively managed exchange-traded fund designed to provide investors with diversified exposure to investment-grade fixed-income securities. Launched and overseen by Invesco’s fixed income team, the fund primarily invests in U.S. government and corporate debt, alongside sectors such as mortgage- and asset-backed securities. Its objective is to offer a balance of current income and preservation of capital through broad market participation and sector-specific opportunities.

The fund’s strategy emphasizes intermediate-duration bonds, allowing portfolio managers to adjust interest-rate and credit exposures in response to evolving market conditions.