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

Invesco Bond Fund (NYSE:VBF)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $15.72 and traded as high as $15.83. Invesco Bond Fund shares last traded at $15.72, with a volume of 66,501 shares.

Invesco Bond Fund Trading Up 0.7%

The business’s fifty day moving average price is $15.72 and its two-hundred day moving average price is $15.54.

Invesco Bond Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Monday, November 17th will be issued a $0.07 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%.

Institutional Investors Weigh In On Invesco Bond Fund

A number of institutional investors and hedge funds have recently modified their holdings of VBF. Osaic Holdings Inc. increased its holdings in Invesco Bond Fund by 3.9% in the 2nd quarter. Osaic Holdings Inc. now owns 18,159 shares of the financial services provider’s stock worth $280,000 after buying an additional 690 shares during the period. Uhlmann Price Securities LLC boosted its holdings in shares of Invesco Bond Fund by 8.4% in the 3rd quarter. Uhlmann Price Securities LLC now owns 18,662 shares of the financial services provider’s stock valued at $295,000 after acquiring an additional 1,453 shares during the last quarter. ProVise Management Group LLC increased its stake in shares of Invesco Bond Fund by 1.1% in the first quarter. ProVise Management Group LLC now owns 132,181 shares of the financial services provider’s stock worth $2,044,000 after acquiring an additional 1,457 shares during the period. WealthBridge Capital Management LLC increased its stake in shares of Invesco Bond Fund by 1.3% in the second quarter. WealthBridge Capital Management LLC now owns 130,268 shares of the financial services provider’s stock worth $2,011,000 after acquiring an additional 1,729 shares during the period. Finally, Farther Finance Advisors LLC purchased a new position in shares of Invesco Bond Fund during the third quarter worth $37,000. Institutional investors and hedge funds own 43.73% of the company’s stock.

Invesco Bond Fund Company Profile

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.