Quarry LP Invests $323,000 in Invesco Quality Municipal Income Trust (NYSE:IQI)

Quarry LP acquired a new stake in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 32,600 shares of the financial services provider’s stock, valued at approximately $323,000.

A number of other hedge funds also recently bought and sold shares of the stock. Larson Financial Group LLC bought a new stake in Invesco Quality Municipal Income Trust during the second quarter valued at about $33,000. International Assets Investment Management LLC bought a new stake in shares of Invesco Quality Municipal Income Trust in the 2nd quarter valued at about $35,000. Financial Management Professionals Inc. bought a new position in shares of Invesco Quality Municipal Income Trust during the 1st quarter worth approximately $48,000. Oppenheimer & Co. Inc. purchased a new stake in Invesco Quality Municipal Income Trust during the first quarter valued at approximately $102,000. Finally, Nomura Holdings Inc. acquired a new stake in Invesco Quality Municipal Income Trust in the fourth quarter valued at approximately $161,000.

Invesco Quality Municipal Income Trust Stock Up 0.1 %

Shares of IQI stock opened at $10.40 on Monday. Invesco Quality Municipal Income Trust has a 12-month low of $8.05 and a 12-month high of $10.47. The business’s fifty day simple moving average is $10.22 and its 200-day simple moving average is $9.87.

Invesco Quality Municipal Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th will be issued a $0.0631 dividend. This represents a $0.76 annualized dividend and a yield of 7.28%. The ex-dividend date of this dividend is Tuesday, September 17th.

Invesco Quality Municipal Income Trust Profile

Invesco Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.