Invesco High Yield Bond Factor ETF (NASDAQ:IHYF – Get Rating) was down 0.4% during mid-day trading on Wednesday . The stock traded as low as $21.06 and last traded at $21.06. Approximately 6,731 shares were traded during mid-day trading, an increase of 16% from the average daily volume of 5,811 shares. The stock had previously closed at $21.15.
Invesco High Yield Bond Factor ETF Price Performance
The firm’s 50-day moving average price is $21.38 and its 200-day moving average price is $21.42.
Invesco High Yield Bond Factor ETF Increases Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, May 26th. Investors of record on Tuesday, May 23rd will be issued a dividend of $0.1294 per share. This represents a $1.55 dividend on an annualized basis and a yield of 7.35%. The ex-dividend date is Monday, May 22nd. This is a positive change from Invesco High Yield Bond Factor ETF’s previous monthly dividend of $0.12.
Hedge Funds Weigh In On Invesco High Yield Bond Factor ETF
About Invesco High Yield Bond Factor ETF
The Invesco High Yield Bond Factor ETF (IHYF) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively-managed fund designed to provide exposure to a broad selection of high yield, fixed income securities. IHYF was launched on Dec 2, 2020 and is managed by Invesco.
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