Uniting Wealth Partners LLC Invests $164,000 in Invesco Value Municipal Income Trust (NYSE:IIM)

Uniting Wealth Partners LLC bought a new stake in shares of Invesco Value Municipal Income Trust (NYSE:IIM) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 13,787 shares of the investment management company’s stock, valued at approximately $164,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Van ECK Associates Corp lifted its position in Invesco Value Municipal Income Trust by 28.3% in the fourth quarter. Van ECK Associates Corp now owns 351,719 shares of the investment management company’s stock worth $4,182,000 after purchasing an additional 77,513 shares during the period. Stifel Financial Corp grew its stake in shares of Invesco Value Municipal Income Trust by 43.2% in the 3rd quarter. Stifel Financial Corp now owns 70,539 shares of the investment management company’s stock worth $909,000 after purchasing an additional 21,271 shares during the last quarter. D.A. Davidson & CO. lifted its stake in Invesco Value Municipal Income Trust by 13.9% during the fourth quarter. D.A. Davidson & CO. now owns 12,258 shares of the investment management company’s stock valued at $146,000 after purchasing an additional 1,500 shares during the last quarter. Allworth Financial LP boosted its holdings in Invesco Value Municipal Income Trust by 310.0% during the fourth quarter. Allworth Financial LP now owns 2,255 shares of the investment management company’s stock worth $27,000 after buying an additional 1,705 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC grew its position in Invesco Value Municipal Income Trust by 29.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 8,855 shares of the investment management company’s stock worth $105,000 after buying an additional 2,000 shares during the last quarter. Institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Up 0.2 %

IIM stock opened at $12.06 on Thursday. The firm has a 50-day moving average of $12.20 and a two-hundred day moving average of $12.32. Invesco Value Municipal Income Trust has a one year low of $11.28 and a one year high of $13.10.

Invesco Value Municipal Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a $0.0771 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $0.93 dividend on an annualized basis and a yield of 7.67%.

About Invesco Value Municipal Income Trust

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.