Invesco Advantage Municipal Income Trust II to Issue Monthly Dividend of $0.05 (NYSEAMERICAN:VKI)

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKIGet Rating) declared a monthly dividend on Tuesday, May 3rd, Wall Street Journal reports. Stockholders of record on Monday, May 16th will be given a dividend of 0.0461 per share by the financial services provider on Tuesday, May 31st. This represents a $0.55 annualized dividend and a dividend yield of 5.95%. The ex-dividend date of this dividend is Friday, May 13th.

NYSEAMERICAN VKI opened at $9.30 on Wednesday. Invesco Advantage Municipal Income Trust II has a 52 week low of $9.21 and a 52 week high of $12.88.

Several large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC grew its holdings in Invesco Advantage Municipal Income Trust II by 28.8% during the 3rd quarter. LPL Financial LLC now owns 17,207 shares of the financial services provider’s stock valued at $214,000 after buying an additional 3,851 shares in the last quarter. Stifel Financial Corp grew its holdings in Invesco Advantage Municipal Income Trust II by 10.4% during the 4th quarter. Stifel Financial Corp now owns 66,396 shares of the financial services provider’s stock valued at $809,000 after buying an additional 6,248 shares in the last quarter. Morgan Stanley grew its holdings in Invesco Advantage Municipal Income Trust II by 1.8% during the 3rd quarter. Morgan Stanley now owns 361,685 shares of the financial services provider’s stock valued at $4,503,000 after buying an additional 6,355 shares in the last quarter. NewEdge Advisors LLC purchased a new position in Invesco Advantage Municipal Income Trust II during the 4th quarter valued at approximately $148,000. Finally, Albion Financial Group UT purchased a new position in Invesco Advantage Municipal Income Trust II during the 4th quarter valued at approximately $152,000. Hedge funds and other institutional investors own 22.19% of the company’s stock.

Invesco Advantage Municipal Income Trust II Company Profile (Get Rating)

Invesco Advantage Municipal 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 Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.

Further Reading

Dividend History for Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

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