Invvlu Mu Incm (NYSE:IIM) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its holdings in Invvlu Mu Incm (NYSE:IIM) by 28.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 14,870 shares of the investment management company’s stock after buying an additional 3,260 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Invvlu Mu Incm were worth $177,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in IIM. Van ECK Associates Corp lifted its position in Invvlu Mu Incm by 28.3% during the 4th quarter. Van ECK Associates Corp now owns 351,719 shares of the investment management company’s stock worth $4,182,000 after acquiring an additional 77,513 shares during the last quarter. Allworth Financial LP increased its stake in Invvlu Mu Incm by 310.0% in the fourth 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. D.A. Davidson & CO. increased its stake in Invvlu Mu Incm by 13.9% in the fourth quarter. D.A. Davidson & CO. now owns 12,258 shares of the investment management company’s stock valued at $146,000 after acquiring an additional 1,500 shares during the period. Robinson Capital Management LLC increased its stake in Invvlu Mu Incm by 19.4% in the fourth quarter. Robinson Capital Management LLC now owns 642,440 shares of the investment management company’s stock valued at $7,639,000 after acquiring an additional 104,296 shares during the period. Finally, Callahan Advisors LLC bought a new stake in Invvlu Mu Incm in the fourth quarter valued at about $163,000. Institutional investors and hedge funds own 20.73% of the company’s stock.

Invvlu Mu Incm Stock Down 0.7%

Shares of Invvlu Mu Incm stock opened at $11.57 on Wednesday. Invvlu Mu Incm has a 1-year low of $10.96 and a 1-year high of $13.10. The firm’s 50-day moving average price is $11.70 and its two-hundred day moving average price is $11.98.

Invvlu Mu Incm Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be issued a $0.0771 dividend. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $0.93 annualized dividend and a yield of 8.00%.

Invvlu Mu Incm 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.