Wealth Quarterback LLC Has $696,000 Stock Position in Invesco Value Municipal Income Trust (NYSE:IIM)

Wealth Quarterback LLC lifted its position in shares of Invesco Value Municipal Income Trust (NYSE:IIM) by 1.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,030 shares of the investment management company’s stock after acquiring an additional 894 shares during the quarter. Wealth Quarterback LLC’s holdings in Invesco Value Municipal Income Trust were worth $696,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in IIM. Wedbush Securities Inc. raised its holdings in Invesco Value Municipal Income Trust by 17.7% during the 2nd quarter. Wedbush Securities Inc. now owns 13,279 shares of the investment management company’s stock worth $164,000 after purchasing an additional 2,000 shares during the last quarter. Signaturefd LLC grew its position in shares of Invesco Value Municipal Income Trust by 1,156.7% during the 3rd quarter. Signaturefd LLC now owns 2,526 shares of the investment management company’s stock worth $33,000 after buying an additional 2,325 shares during the period. Wagner Wealth Management LLC lifted its holdings in Invesco Value Municipal Income Trust by 27.2% in the third quarter. Wagner Wealth Management LLC now owns 48,662 shares of the investment management company’s stock valued at $627,000 after buying an additional 10,397 shares during the period. TIAA Trust National Association bought a new position in Invesco Value Municipal Income Trust in the second quarter valued at approximately $152,000. Finally, Leo Wealth LLC boosted its stake in Invesco Value Municipal Income Trust by 9.7% in the first quarter. Leo Wealth LLC now owns 140,745 shares of the investment management company’s stock valued at $1,687,000 after acquiring an additional 12,465 shares during the last quarter. Institutional investors and hedge funds own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Trading Up 1.1 %

Shares of Invesco Value Municipal Income Trust stock opened at $12.53 on Friday. The firm has a fifty day moving average of $12.69 and a two-hundred day moving average of $12.36. Invesco Value Municipal Income Trust has a 52 week low of $10.72 and a 52 week high of $13.10.

Invesco Value Municipal Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.0771 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.93 dividend on an annualized basis and a yield of 7.38%.

Invesco Value Municipal Income Trust Profile

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.