Nuveen LLC Takes Position in Invesco Advantage Municipal Income Trust II $VKI

Nuveen LLC acquired a new stake in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 28,582 shares of the financial services provider’s stock, valued at approximately $244,000.

Several other institutional investors have also recently made changes to their positions in VKI. World Investment Advisors raised its holdings in shares of Invesco Advantage Municipal Income Trust II by 47.1% in the 1st quarter. World Investment Advisors now owns 157,212 shares of the financial services provider’s stock worth $1,343,000 after acquiring an additional 50,350 shares during the last quarter. Focus Partners Advisor Solutions LLC acquired a new stake in shares of Invesco Advantage Municipal Income Trust II in the 4th quarter worth about $430,000. TPG Advisors LLC acquired a new stake in shares of Invesco Advantage Municipal Income Trust II in the 1st quarter worth about $88,000. Bank of America Corp DE raised its holdings in shares of Invesco Advantage Municipal Income Trust II by 8.7% in the 4th quarter. Bank of America Corp DE now owns 532,612 shares of the financial services provider’s stock worth $4,655,000 after acquiring an additional 42,659 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its holdings in shares of Invesco Advantage Municipal Income Trust II by 7.5% in the 4th quarter. Nuveen Asset Management LLC now owns 43,232 shares of the financial services provider’s stock worth $378,000 after acquiring an additional 3,000 shares during the last quarter. Institutional investors and hedge funds own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Performance

VKI opened at $8.39 on Friday. Invesco Advantage Municipal Income Trust II has a fifty-two week low of $7.89 and a fifty-two week high of $9.42. The company’s 50-day moving average is $8.30 and its 200 day moving average is $8.41.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be given a $0.0559 dividend. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Tuesday, September 16th.

Invesco Advantage Municipal Income Trust II Profile

Invesco Advantage Municipal Income Trust II 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.