Lauer Wealth LLC Acquires Shares of 15,986 Invesco Value Municipal Income Trust (NYSE:IIM)

Lauer Wealth LLC bought a new position in shares of Invesco Value Municipal Income Trust (NYSE:IIM) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 15,986 shares of the investment management company’s stock, valued at approximately $190,000.

Several other large investors have also recently modified their holdings of IIM. Larson Financial Group LLC grew its position in shares of Invesco Value Municipal Income Trust by 233.3% in the third quarter. Larson Financial Group LLC now owns 2,000 shares of the investment management company’s stock valued at $26,000 after purchasing an additional 1,400 shares in the last quarter. Signaturefd LLC grew its holdings in 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 valued at $33,000 after buying an additional 2,325 shares in the last quarter. Quarry LP grew its holdings in Invesco Value Municipal Income Trust by 160.1% during the 2nd quarter. Quarry LP now owns 43,700 shares of the investment management company’s stock valued at $539,000 after buying an additional 26,900 shares in the last quarter. Wagner Wealth Management LLC increased its position in shares of Invesco Value Municipal Income Trust by 27.2% during 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. Finally, Wealth Quarterback LLC lifted its holdings in shares of Invesco Value Municipal Income Trust by 1.7% in the third quarter. Wealth Quarterback LLC now owns 54,030 shares of the investment management company’s stock worth $696,000 after buying an additional 894 shares in the last quarter. Hedge funds and other institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Performance

IIM stock opened at $12.00 on Friday. The firm has a 50 day moving average of $12.21 and a 200-day moving average of $12.48. Invesco Value Municipal Income Trust has a 12 month low of $11.28 and a 12 month high of $13.10.

Invesco Value Municipal Income Trust Dividend Announcement

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 $0.0771 dividend. This represents a $0.93 annualized dividend and a yield of 7.71%. The ex-dividend date is Friday, January 17th.

Invesco Value Municipal Income Trust Company 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.