Invesco High Income Trust II (NYSE:VLT) Stock Price Passes Below Fifty Day Moving Average – Here’s What Happened

Invesco High Income Trust II (NYSE:VLTGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $11.02 and traded as low as $10.94. Invesco High Income Trust II shares last traded at $10.98, with a volume of 34,019 shares trading hands.

Invesco High Income Trust II Trading Up 0.3 %

The business’s 50 day moving average is $11.02 and its two-hundred day moving average is $11.19.

Invesco High Income Trust II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be paid a $0.0964 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $1.16 dividend on an annualized basis and a yield of 10.54%.

Hedge Funds Weigh In On Invesco High Income Trust II

Several institutional investors and hedge funds have recently bought and sold shares of VLT. Fiera Capital Corp acquired a new stake in shares of Invesco High Income Trust II during the 3rd quarter valued at about $527,000. Park Avenue Securities LLC lifted its position in Invesco High Income Trust II by 6.6% in the fourth quarter. Park Avenue Securities LLC now owns 66,871 shares of the financial services provider’s stock worth $733,000 after purchasing an additional 4,160 shares during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of Invesco High Income Trust II by 2.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 72,341 shares of the financial services provider’s stock valued at $793,000 after acquiring an additional 1,602 shares in the last quarter. Hedge funds and other institutional investors own 21.63% of the company’s stock.

Invesco High Income Trust II Company Profile

(Get Free Report)

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.

Further Reading

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