INV VK HI INC2 (VLT) To Go Ex-Dividend on September 14th

INV VK HI INC2 (NYSE:VLT) announced a monthly dividend on Tuesday, September 1st. Investors 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 yield of 10.9%. The ex-dividend date is Monday, September 14th.

INV VK HI INC2 Trading Up 0.0%

Shares of INV VK HI INC2 stock opened at $9.85 on Thursday. INV VK HI INC2 has a 1 year low of $9.84 and a 1 year high of $11.43. The firm’s 50-day moving average is $10.16 and its two-hundred day moving average is $10.35.

Hedge Funds Weigh In On INV VK HI INC2

Hedge funds and other institutional investors have recently modified their holdings of the business. Fiera Capital Corp increased its holdings in INV VK HI INC2 by 92.0% during the fourth quarter. Fiera Capital Corp now owns 110,547 shares of the financial services provider’s stock valued at $1,235,000 after buying an additional 52,983 shares during the period. Ameriprise Financial Inc. purchased a new stake in INV VK HI INC2 during the third quarter worth $342,000. Cetera Investment Advisers boosted its position in INV VK HI INC2 by 83.2% during the 1st quarter. Cetera Investment Advisers now owns 28,191 shares of the financial services provider’s stock valued at $285,000 after acquiring an additional 12,802 shares in the last quarter. Finally, Mallini Complete Financial Planning LLC boosted its position in INV VK HI INC2 by 25.6% during the 2nd quarter. Mallini Complete Financial Planning LLC now owns 24,894 shares of the financial services provider’s stock valued at $259,000 after acquiring an additional 5,077 shares in the last quarter. 21.63% of the stock is currently owned by institutional investors.

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.