Envestnet Asset Management Inc. Boosts Stake in INVMUN INCOM (NYSE:OIA)

Envestnet Asset Management Inc. lifted its holdings in INVMUN INCOM (NYSE:OIA) by 374.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,346 shares of the investment management company’s stock after purchasing an additional 68,932 shares during the quarter. Envestnet Asset Management Inc. owned 0.18% of INVMUN INCOM worth $526,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the business. Elequin Capital LP purchased a new stake in INVMUN INCOM during the fourth quarter valued at $41,000. Ameriflex Group Inc. purchased a new stake in INVMUN INCOM during the fourth quarter valued at $50,000. Citadel Advisors LLC purchased a new stake in INVMUN INCOM during the fourth quarter valued at $107,000. XTX Topco Ltd purchased a new stake in INVMUN INCOM during the fourth quarter valued at $112,000. Finally, Jane Street Group LLC purchased a new stake in INVMUN INCOM during the fourth quarter valued at $136,000. Hedge funds and other institutional investors own 12.57% of the company’s stock.

INVMUN INCOM Stock Performance

INVMUN INCOM stock opened at $5.59 on Wednesday. INVMUN INCOM has a one year low of $5.43 and a one year high of $6.99. The stock has a fifty day moving average of $5.68 and a 200 day moving average of $5.86.

INVMUN INCOM Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, August 29th. Investors of record on Monday, August 18th will be given a dividend of $0.0291 per share. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date is Monday, August 18th.

INVMUN INCOM Company Profile

Invesco Municipal Income Opportunities 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.