Hennion & Walsh Asset Management Inc. Has $6.46 Million Holdings in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Hennion & Walsh Asset Management Inc. reduced its stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 21.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 738,830 shares of the financial services provider’s stock after selling 197,722 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Invesco Advantage Municipal Income Trust II were worth $6,457,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in VKI. Stifel Financial Corp lifted its position in shares of Invesco Advantage Municipal Income Trust II by 58.4% during the third quarter. Stifel Financial Corp now owns 154,291 shares of the financial services provider’s stock valued at $1,436,000 after purchasing an additional 56,874 shares in the last quarter. Indiana Trust & Investment Management Co increased its position in Invesco Advantage Municipal Income Trust II by 1.2% in the third quarter. Indiana Trust & Investment Management Co now owns 121,091 shares of the financial services provider’s stock worth $1,127,000 after buying an additional 1,475 shares during the last quarter. XTX Topco Ltd bought a new stake in Invesco Advantage Municipal Income Trust II in the 2nd quarter valued at about $106,000. Bank of New York Mellon Corp lifted its holdings in Invesco Advantage Municipal Income Trust II by 2.2% during the second quarter. Bank of New York Mellon Corp now owns 93,409 shares of the financial services provider’s stock valued at $829,000 after purchasing an additional 2,010 shares during the last quarter. Finally, Quarry LP bought a new position in Invesco Advantage Municipal Income Trust II during the second quarter worth about $327,000. 27.52% of the stock is owned by institutional investors.

Invesco Advantage Municipal Income Trust II Stock Performance

NYSEAMERICAN:VKI opened at $8.50 on Thursday. Invesco Advantage Municipal Income Trust II has a 1 year low of $8.14 and a 1 year high of $9.42.

Invesco Advantage Municipal Income Trust II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a $0.0559 dividend. This represents a $0.67 annualized dividend and a yield of 7.89%. The ex-dividend date of this dividend is Friday, January 17th.

About Invesco Advantage Municipal Income Trust II

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.