Invesco High Income Trust II (NYSE:VLT) Stock Price Passes Below 50-Day Moving Average – What’s Next?

Invesco High Income Trust II (NYSE:VLT)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $11.21 and traded as low as $10.94. Invesco High Income Trust II shares last traded at $10.98, with a volume of 30,213 shares trading hands.

Invesco High Income Trust II Trading Down 0.1 %

The business’s 50 day simple moving average is $11.21 and its 200 day simple moving average is $11.16.

Invesco High Income Trust II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be paid a $0.0964 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 10.54%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco High Income Trust II stock. Fiera Capital Corp acquired a new stake in Invesco High Income Trust II (NYSE:VLT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 45,700 shares of the financial services provider’s stock, valued at approximately $527,000. 21.63% of the stock is currently owned by institutional investors.

Invesco High Income Trust II Company Profile

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.