Invesco Value Municipal Income Trust (NYSE:IIM) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. decreased its position in shares of Invesco Value Municipal Income Trust (NYSE:IIM) by 12.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,410 shares of the investment management company’s stock after selling 2,363 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco Value Municipal Income Trust were worth $192,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Fiera Capital Corp raised its holdings in Invesco Value Municipal Income Trust by 2.5% in the 3rd quarter. Fiera Capital Corp now owns 756,638 shares of the investment management company’s stock valued at $7,869,000 after buying an additional 18,536 shares during the period. Advisors Asset Management Inc. raised its holdings in Invesco Value Municipal Income Trust by 8.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 489,049 shares of the investment management company’s stock valued at $5,086,000 after buying an additional 37,416 shares during the period. UBS Group AG raised its holdings in Invesco Value Municipal Income Trust by 78.2% in the 3rd quarter. UBS Group AG now owns 309,715 shares of the investment management company’s stock valued at $3,221,000 after buying an additional 135,944 shares during the period. AQR Arbitrage LLC raised its holdings in Invesco Value Municipal Income Trust by 123.3% in the 3rd quarter. AQR Arbitrage LLC now owns 264,419 shares of the investment management company’s stock valued at $2,750,000 after buying an additional 146,005 shares during the period. Finally, Robinson Capital Management LLC raised its holdings in Invesco Value Municipal Income Trust by 20.7% in the 3rd quarter. Robinson Capital Management LLC now owns 146,059 shares of the investment management company’s stock valued at $1,518,000 after buying an additional 25,000 shares during the period. Institutional investors and hedge funds own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Performance

Shares of IIM opened at $11.46 on Thursday. Invesco Value Municipal Income Trust has a 12-month low of $9.94 and a 12-month high of $12.20. The company’s 50-day moving average price is $11.74 and its 200 day moving average price is $11.42.

Invesco Value Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be issued a $0.0496 dividend. The ex-dividend date is Monday, April 15th. This represents a $0.60 annualized dividend and a yield of 5.19%.

Invesco Value Municipal Income Trust Company Profile

Invesco Value Municipal Income 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 (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.