Stifel Financial Corp Has $909,000 Position in Invesco Value Municipal Income Trust (NYSE:IIM)

Stifel Financial Corp increased its position in shares of Invesco Value Municipal Income Trust (NYSE:IIM) by 43.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,539 shares of the investment management company’s stock after acquiring an additional 21,271 shares during the period. Stifel Financial Corp’s holdings in Invesco Value Municipal Income Trust were worth $909,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in IIM. Rockefeller Capital Management L.P. lifted its stake in Invesco Value Municipal Income Trust by 1.6% during the third quarter. Rockefeller Capital Management L.P. now owns 132,159 shares of the investment management company’s stock worth $1,702,000 after purchasing an additional 2,120 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of Invesco Value Municipal Income Trust by 233.3% during the 3rd quarter. Larson Financial Group LLC now owns 2,000 shares of the investment management company’s stock worth $26,000 after buying an additional 1,400 shares during the last quarter. Wealth Quarterback LLC boosted its stake in Invesco Value Municipal Income Trust by 1.7% in the third quarter. Wealth Quarterback LLC now owns 54,030 shares of the investment management company’s stock valued at $696,000 after buying an additional 894 shares in the last quarter. Signaturefd LLC grew its position in Invesco Value Municipal Income Trust by 1,156.7% in the third quarter. Signaturefd LLC now owns 2,526 shares of the investment management company’s stock valued at $33,000 after acquiring an additional 2,325 shares during the last quarter. Finally, Wagner Wealth Management LLC raised its stake in Invesco Value Municipal Income Trust by 27.2% during the third quarter. Wagner Wealth Management LLC now owns 48,662 shares of the investment management company’s stock worth $627,000 after acquiring an additional 10,397 shares in the last quarter. 20.73% of the stock is owned by institutional investors.

Invesco Value Municipal Income Trust Stock Performance

IIM opened at $11.74 on Tuesday. The company’s 50 day moving average is $12.42 and its 200-day moving average is $12.51. Invesco Value Municipal Income Trust has a 1-year low of $11.28 and a 1-year high of $13.10.

Invesco Value Municipal Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be given a dividend of $0.0771 per share. The ex-dividend date is Tuesday, December 17th. This represents a $0.93 dividend on an annualized basis and a yield of 7.88%.

Invesco Value Municipal Income Trust 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.