Invvlu Mu Incm (NYSE:IIM) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC raised its position in Invvlu Mu Incm (NYSE:IIM) by 1,096.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,004 shares of the investment management company’s stock after buying an additional 2,753 shares during the quarter. GAMMA Investing LLC’s holdings in Invvlu Mu Incm were worth $360,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Invvlu Mu Incm by 28.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,870 shares of the investment management company’s stock worth $177,000 after buying an additional 3,260 shares during the period. Elequin Capital LP acquired a new position in Invvlu Mu Incm in the 4th quarter valued at about $101,000. Nomura Holdings Inc. raised its stake in Invvlu Mu Incm by 114.7% during the 4th quarter. Nomura Holdings Inc. now owns 23,270 shares of the investment management company’s stock valued at $277,000 after acquiring an additional 12,433 shares during the last quarter. Nuveen Asset Management LLC lifted its position in Invvlu Mu Incm by 4.8% during the 4th quarter. Nuveen Asset Management LLC now owns 44,081 shares of the investment management company’s stock worth $524,000 after acquiring an additional 2,000 shares during the period. Finally, Cetera Investment Advisers lifted its position in Invvlu Mu Incm by 2.4% during the 4th quarter. Cetera Investment Advisers now owns 148,748 shares of the investment management company’s stock worth $1,769,000 after acquiring an additional 3,527 shares during the period. 20.73% of the stock is owned by institutional investors and hedge funds.

Invvlu Mu Incm Price Performance

NYSE:IIM opened at $11.58 on Friday. The stock’s 50 day simple moving average is $11.71 and its 200-day simple moving average is $11.96. Invvlu Mu Incm has a 12-month low of $10.96 and a 12-month high of $13.10.

Invvlu Mu Incm Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be given a $0.0771 dividend. The ex-dividend date is Tuesday, June 17th. This represents a $0.93 dividend on an annualized basis and a yield of 7.99%.

Invvlu Mu Incm Company 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.