Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Major Shareholder Of America Corp /De/ Bank Purchases 8,531 Shares

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) major shareholder Of America Corp /De/ Bank bought 8,531 shares of the company’s stock in a transaction on Friday, January 2nd. The shares were acquired at an average price of $9.08 per share, for a total transaction of $77,461.48. Following the completion of the acquisition, the insider owned 8,531 shares in the company, valued at $77,461.48. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Invesco Advantage Municipal Income Trust II Stock Performance

NYSEAMERICAN:VKI opened at $9.09 on Tuesday. The firm has a 50-day simple moving average of $8.92 and a 200-day simple moving average of $8.64. Invesco Advantage Municipal Income Trust II has a one year low of $7.89 and a one year high of $9.15.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 15th will be issued a dividend of $0.0559 per share. The ex-dividend date is Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 7.4%.

Institutional Investors Weigh In On Invesco Advantage Municipal Income Trust II

A number of hedge funds have recently made changes to their positions in VKI. TPG Advisors LLC raised its holdings in Invesco Advantage Municipal Income Trust II by 24.3% in the second quarter. TPG Advisors LLC now owns 12,782 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 2,500 shares in the last quarter. Geneos Wealth Management Inc. grew its position in shares of Invesco Advantage Municipal Income Trust II by 26.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 13,017 shares of the financial services provider’s stock worth $111,000 after buying an additional 2,700 shares during the last quarter. Savant Capital LLC bought a new position in shares of Invesco Advantage Municipal Income Trust II during the 2nd quarter worth approximately $115,000. Moloney Securities Asset Management LLC lifted its position in Invesco Advantage Municipal Income Trust II by 10.8% during the third quarter. Moloney Securities Asset Management LLC now owns 13,910 shares of the financial services provider’s stock valued at $122,000 after acquiring an additional 1,355 shares during the last quarter. Finally, Creative Planning boosted its stake in Invesco Advantage Municipal Income Trust II by 35.4% in the third quarter. Creative Planning now owns 15,792 shares of the financial services provider’s stock valued at $138,000 after acquiring an additional 4,132 shares in the last quarter. 27.52% of the stock is currently owned by hedge funds and other institutional investors.

About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN: VKI) is a closed-end management investment company that primarily seeks to provide shareholders with high after-tax total return. The fund pursues its objective by investing predominantly in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities and other political subdivisions.

The fund’s investment strategy emphasizes credit quality and income generation, with portfolio managers conducting in-depth credit analysis to identify opportunities across various sectors—such as transportation, education and healthcare—that offer attractive tax-exempt yields.