INV VK HI INC2 (NYSE:VLT) Plans $0.09 Monthly Dividend

INV VK HI INC2 (NYSE:VLT) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Monday, September 14th will be given a dividend of 0.0895 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 10.9%. The ex-dividend date is Monday, September 14th.

INV VK HI INC2 Stock Performance

Shares of NYSE VLT opened at $9.85 on Wednesday. INV VK HI INC2 has a one year low of $9.84 and a one year high of $11.43. The business has a fifty day simple moving average of $10.17 and a 200 day simple moving average of $10.36.

Institutional Trading of INV VK HI INC2

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mallini Complete Financial Planning LLC lifted its stake in INV VK HI INC2 by 25.6% during the second quarter. Mallini Complete Financial Planning LLC now owns 24,894 shares of the financial services provider’s stock worth $259,000 after purchasing an additional 5,077 shares during the period. Cetera Investment Advisers raised its holdings in shares of INV VK HI INC2 by 83.2% in the 1st quarter. Cetera Investment Advisers now owns 28,191 shares of the financial services provider’s stock worth $285,000 after buying an additional 12,802 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in shares of INV VK HI INC2 in the 3rd quarter worth approximately $342,000. Finally, Fiera Capital Corp lifted its position in shares of INV VK HI INC2 by 92.0% during the 4th quarter. Fiera Capital Corp now owns 110,547 shares of the financial services provider’s stock worth $1,235,000 after buying an additional 52,983 shares during the period. Institutional investors own 21.63% of the company’s stock.

About INV VK HI INC2

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. It invests in the fixed income markets. The fund seeks to invest in securities rated between BB and C by Standard and Poor's. It seeks to maintain an average duration of around three to four years for its portfolio.