Invesco Dynamic Credit Opportunities Fd (NYSE:VTA) Sees Large Volume Increase

Shares of Invesco Dynamic Credit Opportunities Fd (NYSE:VTA) saw unusually-high trading volume on Wednesday . Approximately 1,271,449 shares traded hands during trading, an increase of 403% from the previous session’s volume of 252,575 shares.The stock last traded at $10.92 and had previously closed at $10.88.

The stock’s fifty day moving average is $11.06 and its two-hundred day moving average is $11.05.

The firm also recently announced a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Wednesday, August 14th will be issued a dividend of $0.065 per share. This represents a $0.78 dividend on an annualized basis and a yield of 7.14%. The ex-dividend date is Tuesday, August 13th.

A number of large investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its holdings in Invesco Dynamic Credit Opportunities Fd by 107.0% during the second quarter. Royal Bank of Canada now owns 1,052,079 shares of the investment management company’s stock worth $11,762,000 after buying an additional 543,925 shares in the last quarter. UBS Group AG boosted its holdings in Invesco Dynamic Credit Opportunities Fd by 2.4% during the second quarter. UBS Group AG now owns 1,088,349 shares of the investment management company’s stock worth $12,168,000 after buying an additional 25,271 shares in the last quarter. Citadel Advisors LLC boosted its holdings in Invesco Dynamic Credit Opportunities Fd by 29.5% during the second quarter. Citadel Advisors LLC now owns 30,050 shares of the investment management company’s stock worth $336,000 after buying an additional 6,850 shares in the last quarter. Rivernorth Capital Management LLC boosted its holdings in Invesco Dynamic Credit Opportunities Fd by 21.1% during the second quarter. Rivernorth Capital Management LLC now owns 3,573,515 shares of the investment management company’s stock worth $39,845,000 after buying an additional 621,727 shares in the last quarter. Finally, Morgan Stanley boosted its holdings in Invesco Dynamic Credit Opportunities Fd by 11.2% during the second quarter. Morgan Stanley now owns 5,830,575 shares of the investment management company’s stock worth $65,186,000 after buying an additional 588,921 shares in the last quarter.

About Invesco Dynamic Credit Opportunities Fd (NYSE:VTA)

Invesco Dynamic Credit Opportunities Fund is a close-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Limited, Invesco Hong Kong Limited, Invesco Senior Secured Management, Inc, and Invesco Canada Ltd.

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