Shaker Financial Services LLC Reduces Holdings in INV VK HI INC2 $VLT

Shaker Financial Services LLC lowered its position in shares of INV VK HI INC2 (NYSE:VLT) by 6.5% in the second quarter, Holdings Channel reports. The institutional investor owned 140,102 shares of the financial services provider’s stock after selling 9,760 shares during the quarter. Shaker Financial Services LLC’s holdings in INV VK HI INC2 were worth $1,532,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC acquired a new position in INV VK HI INC2 in the second quarter valued at approximately $121,000. Wolverine Asset Management LLC acquired a new stake in INV VK HI INC2 during the first quarter worth $195,000. Park Avenue Securities LLC acquired a new stake in INV VK HI INC2 during the second quarter worth $710,000. Finally, Envestnet Asset Management Inc. raised its position in INV VK HI INC2 by 1.8% in the first quarter. Envestnet Asset Management Inc. now owns 73,616 shares of the financial services provider’s stock valued at $780,000 after purchasing an additional 1,275 shares during the period. 21.63% of the stock is currently owned by institutional investors and hedge funds.

INV VK HI INC2 Stock Up 0.1%

Shares of INV VK HI INC2 stock opened at $11.28 on Monday. INV VK HI INC2 has a 52 week low of $9.12 and a 52 week high of $11.63. The business’s fifty day simple moving average is $11.21 and its 200-day simple moving average is $10.91.

INV VK HI INC2 Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 31st. Shareholders of record on Thursday, October 16th were given a $0.094 dividend. The ex-dividend date of this dividend was Thursday, October 16th. This represents a c) dividend on an annualized basis and a yield of 10.0%.

INV VK HI INC2 Company 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.