Invesco Bond Fund (NYSE:VBF) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Shares of Invesco Bond Fund (NYSE:VBF) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $15.43 and traded as low as $15.38. Invesco Bond Fund shares last traded at $15.40, with a volume of 57,572 shares changing hands.

Invesco Bond Fund Price Performance

The business’s 50-day simple moving average is $15.43 and its two-hundred day simple moving average is $15.55.

Invesco Bond Fund Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.0665 per share. The ex-dividend date is Tuesday, February 17th. This represents a c) dividend on an annualized basis and a yield of 5.2%.

Institutional Trading of Invesco Bond Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC lifted its holdings in Invesco Bond Fund by 83.4% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 195,123 shares of the financial services provider’s stock valued at $3,007,000 after purchasing an additional 88,748 shares in the last quarter. Riverbridge Partners LLC lifted its stake in Invesco Bond Fund by 158.0% in the 4th quarter. Riverbridge Partners LLC now owns 30,637 shares of the financial services provider’s stock valued at $472,000 after buying an additional 18,764 shares in the last quarter. Fiera Capital Corp boosted its holdings in Invesco Bond Fund by 16.6% in the 3rd quarter. Fiera Capital Corp now owns 76,867 shares of the financial services provider’s stock worth $1,213,000 after buying an additional 10,918 shares during the last quarter. WealthBridge Capital Management LLC boosted its holdings in Invesco Bond Fund by 5.7% in the 3rd quarter. WealthBridge Capital Management LLC now owns 137,698 shares of the financial services provider’s stock worth $2,173,000 after buying an additional 7,430 shares during the last quarter. Finally, Uhlmann Price Securities LLC increased its stake in Invesco Bond Fund by 8.4% during the 3rd quarter. Uhlmann Price Securities LLC now owns 18,662 shares of the financial services provider’s stock worth $295,000 after buying an additional 1,453 shares in the last quarter. 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.