INV VK HI INC2 (VLT) To Go Ex-Dividend on August 17th

INV VK HI INC2 (NYSE:VLT) announced a monthly dividend on Monday, August 3rd. Stockholders of record on Monday, August 17th will be given a dividend of 0.0895 per share by the financial services provider on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 10.6%. The ex-dividend date of this dividend is Monday, August 17th.

INV VK HI INC2 Stock Up 0.1%

Shares of NYSE:VLT opened at $10.13 on Friday. The firm’s 50-day simple moving average is $10.29 and its 200-day simple moving average is $10.46. INV VK HI INC2 has a fifty-two week low of $9.85 and a fifty-two week high of $11.43.

Institutional Trading of INV VK HI INC2

A number of institutional investors have recently modified their holdings of VLT. Mallini Complete Financial Planning LLC boosted its holdings 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 buying an additional 5,077 shares in the last quarter. Cetera Investment Advisers grew its position in INV VK HI INC2 by 83.2% during the first 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 during the period. Ameriprise Financial Inc. purchased a new position in INV VK HI INC2 in the third quarter valued at about $342,000. Finally, Fiera Capital Corp increased its holdings in INV VK HI INC2 by 92.0% in 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 in the last quarter. 21.63% of the stock is currently owned by hedge funds and other 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.