Melfa Wealth Management Inc. Sells 3,066 Shares of Invesco High Income Trust II (NYSE:VLT)

Melfa Wealth Management Inc. lowered its position in shares of Invesco High Income Trust II (NYSE:VLT) by 3.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,000 shares of the financial services provider’s stock after selling 3,066 shares during the period. Melfa Wealth Management Inc.’s holdings in Invesco High Income Trust II were worth $822,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Park Avenue Securities LLC grew its holdings in Invesco High Income Trust II by 6.6% in the 4th quarter. Park Avenue Securities LLC now owns 66,871 shares of the financial services provider’s stock valued at $733,000 after buying an additional 4,160 shares in the last quarter. Institutional investors and hedge funds own 21.63% of the company’s stock.

Invesco High Income Trust II Price Performance

VLT opened at $10.92 on Wednesday. The stock has a fifty day moving average of $11.17 and a 200-day moving average of $11.17. Invesco High Income Trust II has a fifty-two week low of $10.09 and a fifty-two week high of $11.63.

Invesco High Income Trust II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a $0.0964 dividend. This represents a $1.16 dividend on an annualized basis and a yield of 10.59%. The ex-dividend date is Friday, January 17th.

About Invesco High Income Trust II

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.