Fiera Capital Corp Raises Holdings in INV VK HI INC2 $VLT

Fiera Capital Corp boosted its position in INV VK HI INC2 (NYSE:VLT) by 92.0% in the 4th quarter, Holdings Channel reports. The firm owned 110,547 shares of the financial services provider’s stock after acquiring an additional 52,983 shares during the quarter. Fiera Capital Corp’s holdings in INV VK HI INC2 were worth $1,235,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VLT. Envestnet Asset Management Inc. raised its position in shares of INV VK HI INC2 by 2.8% in the third quarter. Envestnet Asset Management Inc. now owns 73,455 shares of the financial services provider’s stock valued at $824,000 after buying an additional 1,969 shares during the last quarter. Ameriprise Financial Inc. acquired a new position in INV VK HI INC2 during the third quarter worth about $342,000. Finally, CoreCap Advisors LLC boosted its position in INV VK HI INC2 by 1,676.0% during the fourth quarter. CoreCap Advisors LLC now owns 11,668 shares of the financial services provider’s stock worth $130,000 after acquiring an additional 11,011 shares during the last quarter. Hedge funds and other institutional investors own 21.63% of the company’s stock.

INV VK HI INC2 Stock Up 0.2%

Shares of NYSE VLT opened at $10.43 on Wednesday. INV VK HI INC2 has a 12-month low of $9.85 and a 12-month high of $11.43. The company has a 50-day moving average of $10.38 and a 200 day moving average of $10.75.

INV VK HI INC2 Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a $0.0915 dividend. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%.

INV VK HI INC2 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. 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.