Cambridge Investment Research Advisors Inc. Sells 11,397 Shares of Invesco Municipal Income Opportunities Trust (NYSE:OIA)

Cambridge Investment Research Advisors Inc. cut its position in shares of Invesco Municipal Income Opportunities Trust (NYSE:OIA – Get Rating) by 29.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,412 shares of the investment management company’s stock after selling 11,397 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.06% of Invesco Municipal Income Opportunities Trust worth $161,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. US Bancorp DE bought a new position in Invesco Municipal Income Opportunities Trust in the first quarter valued at approximately $30,000. Centaurus Financial Inc. acquired a new stake in shares of Invesco Municipal Income Opportunities Trust in the first quarter valued at approximately $79,000. NewEdge Advisors LLC acquired a new stake in shares of Invesco Municipal Income Opportunities Trust in the second quarter valued at approximately $97,000. Nomura Holdings Inc. acquired a new stake in Invesco Municipal Income Opportunities Trust during the 2nd quarter worth approximately $171,000. Finally, Keudell Morrison Wealth Management acquired a new stake in Invesco Municipal Income Opportunities Trust during the 2nd quarter worth approximately $185,000. 10.75% of the stock is currently owned by institutional investors.

Invesco Municipal Income Opportunities Trust Price Performance

NYSE:OIA opened at $6.48 on Tuesday. The stock has a 50 day simple moving average of $6.31 and a 200 day simple moving average of $6.31. Invesco Municipal Income Opportunities Trust has a 1-year low of $5.40 and a 1-year high of $7.91.

Invesco Municipal Income Opportunities Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, January 31st. Investors of record on Tuesday, January 17th will be issued a dividend of $0.0286 per share. The ex-dividend date of this dividend is Friday, January 13th. This represents a $0.34 annualized dividend and a yield of 5.30%.

About Invesco Municipal Income Opportunities Trust

(Get Rating)

Invesco Municipal Income Opportunities Trust is a closed-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.