Cetera Investment Advisers Acquires 3,527 Shares of Invesco Value Municipal Income Trust (NYSE:IIM)

Cetera Investment Advisers boosted its holdings in Invesco Value Municipal Income Trust (NYSE:IIM) by 2.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 148,748 shares of the investment management company’s stock after acquiring an additional 3,527 shares during the period. Cetera Investment Advisers’ holdings in Invesco Value Municipal Income Trust were worth $1,769,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Allworth Financial LP raised its stake in Invesco Value Municipal Income Trust by 310.0% in the 4th quarter. Allworth Financial LP now owns 2,255 shares of the investment management company’s stock valued at $27,000 after acquiring an additional 1,705 shares during the period. Curio Wealth LLC bought a new stake in Invesco Value Municipal Income Trust in the 4th quarter valued at $32,000. Harbour Investments Inc. bought a new stake in Invesco Value Municipal Income Trust in the 4th quarter valued at $48,000. Avior Wealth Management LLC bought a new stake in Invesco Value Municipal Income Trust in the 4th quarter valued at $54,000. Finally, CoreFirst Bank & Trust bought a new stake in Invesco Value Municipal Income Trust in the 4th quarter valued at $78,000. Institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Performance

IIM opened at $11.83 on Tuesday. The stock’s fifty day simple moving average is $11.82 and its 200 day simple moving average is $12.09. Invesco Value Municipal Income Trust has a 1-year low of $10.96 and a 1-year high of $13.10.

Invesco Value Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be given a dividend of $0.0771 per share. This represents a $0.93 annualized dividend and a yield of 7.82%. The ex-dividend date is Friday, May 16th.

About Invesco Value Municipal Income Trust

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.