Advisors Asset Management Inc. Sells 23,680 Shares of Invesco Value Municipal Income Trust (NYSE:IIM)

Advisors Asset Management Inc. decreased its position in shares of Invesco Value Municipal Income Trust (NYSE:IIM) by 4.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 457,437 shares of the investment management company’s stock after selling 23,680 shares during the period. Advisors Asset Management Inc.’s holdings in Invesco Value Municipal Income Trust were worth $5,892,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Wealth Quarterback LLC increased its position in shares of Invesco Value Municipal Income Trust by 1.7% during the 3rd quarter. Wealth Quarterback LLC now owns 54,030 shares of the investment management company’s stock valued at $696,000 after purchasing an additional 894 shares during the last quarter. Signaturefd LLC boosted its stake in Invesco Value Municipal Income Trust by 1,156.7% during the third 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 increased its position in 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 acquiring an additional 10,397 shares during the last quarter. Quarry LP raised its stake in shares of Invesco Value Municipal Income Trust by 160.1% in the second quarter. Quarry LP now owns 43,700 shares of the investment management company’s stock valued at $539,000 after acquiring an additional 26,900 shares during the period. Finally, Wealthspire Advisors LLC bought a new stake in shares of Invesco Value Municipal Income Trust in the 2nd quarter worth about $1,180,000. 20.73% of the stock is owned by institutional investors.

Invesco Value Municipal Income Trust Trading Down 0.2 %

NYSE:IIM opened at $12.22 on Friday. Invesco Value Municipal Income Trust has a twelve month low of $11.24 and a twelve month high of $13.10. The stock has a fifty day simple moving average of $12.61 and a 200-day simple moving average of $12.42.

Invesco Value Municipal Income Trust Dividend Announcement

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 dividend of $0.0771 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.93 dividend on an annualized basis and a yield of 7.57%.

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.