Van ECK Associates Corp Has $1.66 Million Position in Invesco Municipal Income Opportunities Trust (NYSE:OIA)

Van ECK Associates Corp boosted its position in shares of Invesco Municipal Income Opportunities Trust (NYSE:OIA) by 45.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 261,713 shares of the investment management company’s stock after buying an additional 81,830 shares during the quarter. Van ECK Associates Corp’s holdings in Invesco Municipal Income Opportunities Trust were worth $1,662,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. UBS Group AG lifted its stake in shares of Invesco Municipal Income Opportunities Trust by 442.9% during the third quarter. UBS Group AG now owns 403,621 shares of the investment management company’s stock valued at $2,345,000 after acquiring an additional 329,279 shares during the period. Advisor Resource Council bought a new stake in Invesco Municipal Income Opportunities Trust during the 4th quarter worth about $439,000. Financial Counselors Inc. acquired a new position in Invesco Municipal Income Opportunities Trust during the 4th quarter valued at about $273,000. Raymond James & Associates boosted its stake in shares of Invesco Municipal Income Opportunities Trust by 29.2% in the 4th quarter. Raymond James & Associates now owns 91,826 shares of the investment management company’s stock valued at $583,000 after purchasing an additional 20,740 shares during the last quarter. Finally, Genesee Capital Advisors LLC bought a new position in shares of Invesco Municipal Income Opportunities Trust in the 4th quarter valued at about $113,000. 12.57% of the stock is currently owned by institutional investors.

Invesco Municipal Income Opportunities Trust Price Performance

OIA opened at $6.30 on Thursday. The firm has a 50 day simple moving average of $6.34 and a 200 day simple moving average of $6.20. Invesco Municipal Income Opportunities Trust has a fifty-two week low of $4.93 and a fifty-two week high of $6.70.

Invesco Municipal Income Opportunities Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 16th will be given a dividend of $0.0291 per share. This represents a $0.35 annualized dividend and a dividend yield of 5.54%. The ex-dividend date of this dividend is Wednesday, May 15th.

Invesco Municipal Income Opportunities Trust Profile

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.