Van ECK Associates Corp Increases Stock Holdings in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Van ECK Associates Corp raised its position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKIFree Report) by 5.4% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 355,011 shares of the financial services provider’s stock after purchasing an additional 18,117 shares during the period. Van ECK Associates Corp owned 0.80% of Invesco Advantage Municipal Income Trust II worth $3,018,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VKI. Fortitude Family Office LLC purchased a new position in Invesco Advantage Municipal Income Trust II in the 4th quarter valued at $62,000. Kingswood Wealth Advisors LLC purchased a new position in Invesco Advantage Municipal Income Trust II in the 4th quarter valued at $180,000. Fiera Capital Corp lifted its holdings in Invesco Advantage Municipal Income Trust II by 8.6% in the 4th quarter. Fiera Capital Corp now owns 735,159 shares of the financial services provider’s stock valued at $6,212,000 after purchasing an additional 58,150 shares in the last quarter. Weiss Asset Management LP purchased a new position in shares of Invesco Advantage Municipal Income Trust II during the 4th quarter worth $246,000. Finally, Aristides Capital LLC purchased a new position in shares of Invesco Advantage Municipal Income Trust II during the 4th quarter worth $127,000. Hedge funds and other institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Performance

NYSEAMERICAN VKI opened at $9.00 on Friday. Invesco Advantage Municipal Income Trust II has a 52 week low of $7.07 and a 52 week high of $9.03.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Tuesday, July 16th will be issued a dividend of $0.0559 per share. The ex-dividend date is Tuesday, July 16th. This represents a $0.67 annualized dividend and a dividend yield of 7.45%.

Invesco Advantage Municipal Income Trust II Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

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