Invesco Bond Fund (NYSE:VBF) Stock Price Passes Above 50-Day Moving Average of $14.97

Posted by Defense World Staff on Aug 10th, 2023

Invesco Bond Fund (NYSE:VBF – Get Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $14.97 and traded as high as $15.06. Invesco Bond Fund shares last traded at $15.05, with a volume of 28,258 shares.

Invesco Bond Fund Stock Up 0.6 %

The firm has a 50 day moving average price of $14.97 and a 200-day moving average price of $15.49.

Invesco Bond Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Tuesday, August 15th will be issued a dividend of $0.0635 per share. This represents a $0.76 annualized dividend and a yield of 5.06%. The ex-dividend date is Monday, August 14th.

Institutional Trading of Invesco Bond Fund

Several institutional investors have recently bought and sold shares of the business. UBS Group AG grew its holdings in Invesco Bond Fund by 2.0% in the second quarter. UBS Group AG now owns 42,975 shares of the financial services provider’s stock valued at $699,000 after purchasing an additional 834 shares during the period. LPL Financial LLC boosted its stake in shares of Invesco Bond Fund by 2.3% in the first quarter. LPL Financial LLC now owns 54,614 shares of the financial services provider’s stock worth $842,000 after acquiring an additional 1,220 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Invesco Bond Fund by 13.3% in the second quarter. NewEdge Advisors LLC now owns 12,796 shares of the financial services provider’s stock worth $208,000 after acquiring an additional 1,504 shares during the last quarter. Citigroup Inc. boosted its stake in shares of Invesco Bond Fund by 108.3% in the first quarter. Citigroup Inc. now owns 3,228 shares of the financial services provider’s stock worth $50,000 after acquiring an additional 1,678 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of Invesco Bond Fund by 4.7% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 52,043 shares of the financial services provider’s stock worth $802,000 after acquiring an additional 2,315 shares during the last quarter. 29.55% of the stock is owned by institutional investors and hedge funds.

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.