Capital Investment Advisors LLC Sells 9,839 Shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Capital Investment Advisors LLC reduced its stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI – Get Rating) by 11.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,262 shares of the financial services provider’s stock after selling 9,839 shares during the quarter. Capital Investment Advisors LLC owned 0.17% of Invesco Advantage Municipal Income Trust II worth $638,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC bought a new stake in Invesco Advantage Municipal Income Trust II during the 3rd quarter worth about $82,000. Drive Wealth Management LLC bought a new stake in Invesco Advantage Municipal Income Trust II during the 3rd quarter worth about $87,000. CoreCap Advisors LLC bought a new stake in Invesco Advantage Municipal Income Trust II during the 2nd quarter worth about $90,000. Financial Engines Advisors L.L.C. bought a new stake in Invesco Advantage Municipal Income Trust II during the 2nd quarter worth about $101,000. Finally, Summit Trail Advisors LLC bought a new stake in Invesco Advantage Municipal Income Trust II during the 3rd quarter worth about $102,000. 16.85% of the stock is owned by institutional investors.

Invesco Advantage Municipal Income Trust II Stock Performance

Shares of NYSEAMERICAN:VKI opened at $8.58 on Friday. Invesco Advantage Municipal Income Trust II has a one year low of $7.81 and a one year high of $10.66.

Invesco Advantage Municipal Income Trust II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, March 31st. Stockholders of record on Wednesday, March 15th will be issued a $0.0345 dividend. The ex-dividend date of this dividend is Tuesday, March 14th. This represents a $0.41 dividend on an annualized basis and a dividend yield of 4.83%.

Invesco Advantage Municipal Income Trust II Company Profile

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Invesco Advantage Municipal Income Trust II is a closed-end investment fund and trust. Its investment objective is to seek to provide a high level of current income exempt from federal income tax, consistent with preservation of capital. The company was founded in 1993 and is headquartered in Atlanta, GA.