Commonwealth Equity Services LLC Increases Stake in Invesco Value Municipal Income Trust (NYSE:IIM)

Commonwealth Equity Services LLC boosted its position in shares of Invesco Value Municipal Income Trust (NYSE:IIMFree Report) by 0.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 103,070 shares of the investment management company’s stock after purchasing an additional 907 shares during the quarter. Commonwealth Equity Services LLC owned about 0.22% of Invesco Value Municipal Income Trust worth $1,237,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IIM. Robinson Capital Management LLC grew its position in Invesco Value Municipal Income Trust by 226.8% during the 4th quarter. Robinson Capital Management LLC now owns 477,328 shares of the investment management company’s stock valued at $5,590,000 after purchasing an additional 331,269 shares during the last quarter. UBS Group AG grew its position in Invesco Value Municipal Income Trust by 74.4% during the 4th quarter. UBS Group AG now owns 540,264 shares of the investment management company’s stock valued at $6,337,000 after purchasing an additional 230,549 shares during the last quarter. Livelsberger Financial Advisory purchased a new stake in shares of Invesco Value Municipal Income Trust during the 4th quarter valued at about $2,129,000. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of Invesco Value Municipal Income Trust by 21.0% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 937,066 shares of the investment management company’s stock valued at $11,245,000 after acquiring an additional 162,883 shares during the last quarter. Finally, Leo Wealth LLC purchased a new stake in shares of Invesco Value Municipal Income Trust during the 4th quarter valued at about $1,507,000. 20.73% of the stock is owned by hedge funds and other institutional investors.

Invesco Value Municipal Income Trust Stock Up 0.2 %

Shares of NYSE IIM opened at $12.47 on Monday. The firm’s 50-day moving average price is $11.92 and its 200-day moving average price is $11.78. Invesco Value Municipal Income Trust has a 52-week low of $9.94 and a 52-week high of $12.49.

Invesco Value Municipal Income Trust 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 $0.0771 per share. This represents a $0.93 dividend on an annualized basis and a dividend yield of 7.42%. The ex-dividend date is Tuesday, July 16th.

Invesco Value Municipal Income Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Value Municipal Income Trust (NYSE:IIM)

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