Advisors Asset Management Inc. Buys 126,460 Shares of Invesco Advantage Municipal Income Trust II $VKI

Advisors Asset Management Inc. increased its stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 38.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 457,502 shares of the financial services provider’s stock after purchasing an additional 126,460 shares during the period. Advisors Asset Management Inc. owned 1.03% of Invesco Advantage Municipal Income Trust II worth $4,012,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Moloney Securities Asset Management LLC increased its stake in shares of Invesco Advantage Municipal Income Trust II by 10.8% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 13,910 shares of the financial services provider’s stock valued at $122,000 after buying an additional 1,355 shares during the period. North Ground Capital boosted its holdings in Invesco Advantage Municipal Income Trust II by 70.0% in the third quarter. North Ground Capital now owns 85,500 shares of the financial services provider’s stock valued at $750,000 after acquiring an additional 35,204 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new stake in Invesco Advantage Municipal Income Trust II in the third quarter worth about $246,000. Capital Investment Advisors LLC raised its holdings in Invesco Advantage Municipal Income Trust II by 6.8% during the 3rd quarter. Capital Investment Advisors LLC now owns 68,192 shares of the financial services provider’s stock worth $598,000 after purchasing an additional 4,365 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its position in Invesco Advantage Municipal Income Trust II by 26.8% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 602,604 shares of the financial services provider’s stock valued at $5,285,000 after purchasing an additional 127,491 shares during the period. Institutional investors and hedge funds own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Up 0.5%

Shares of NYSEAMERICAN VKI opened at $9.35 on Friday. Invesco Advantage Municipal Income Trust II has a 1 year low of $7.89 and a 1 year high of $9.35. The firm’s 50-day moving average is $9.04 and its 200-day moving average is $8.79.

Invesco Advantage Municipal Income Trust II Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be paid a $0.0559 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a c) dividend on an annualized basis and a yield of 7.2%.

Insider Buying and Selling

In related news, major shareholder Of America Corp /De/ Bank purchased 8,531 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were bought at an average price of $9.08 per share, with a total value of $77,461.48. Following the purchase, the insider directly owned 8,531 shares in the company, valued at $77,461.48. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 6.45% of the company’s stock.

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.