Invesco High Income Trust II (NYSE:VLT) Share Price Passes Below 50-Day Moving Average – Time to Sell?

Invesco High Income Trust II (NYSE:VLT)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $11.25 and traded as low as $10.91. Invesco High Income Trust II shares last traded at $10.96, with a volume of 44,875 shares.

Invesco High Income Trust II Trading Up 0.5 %

The business’s fifty day moving average price is $11.25 and its two-hundred day moving average price is $11.12.

Invesco High Income Trust II Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th were issued a $0.0964 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 10.41%. The ex-dividend date of this dividend was Tuesday, December 17th.

Institutional Investors Weigh In On Invesco High Income Trust II

An institutional investor recently bought a new position in Invesco High Income Trust II stock. Fiera Capital Corp purchased a new position in Invesco High Income Trust II (NYSE:VLT) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 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 and hedge funds.

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.