Invesco High Income Trust II (NYSE:VLT) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Invesco High Income Trust II (NYSE:VLT)’s stock price passed 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 changing hands.

Invesco High Income Trust II Price Performance

The company has a 50-day moving average price of $11.25 and a 200 day moving average price of $11.12.

Invesco High Income Trust II Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 17th were given a dividend of $0.0964 per share. This represents a $1.16 annualized dividend 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 acquired a new stake in shares of Invesco High Income Trust II (NYSE:VLT) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,700 shares of the financial services provider’s stock, valued at approximately $527,000. Institutional investors own 21.63% of the company’s stock.

About Invesco High Income Trust II

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.