5,000 Shares in Invesco Quality Municipal Income Trust (NYSE:IQI) Acquired by Financial Management Professionals Inc.

Financial Management Professionals Inc. bought a new position in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,000 shares of the financial services provider’s stock, valued at approximately $48,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Relyea Zuckerberg Hanson LLC acquired a new stake in Invesco Quality Municipal Income Trust during the 4th quarter worth approximately $108,000. Stonebrook Private Inc. acquired a new stake in Invesco Quality Municipal Income Trust during the 4th quarter worth approximately $132,000. Nomura Holdings Inc. acquired a new stake in Invesco Quality Municipal Income Trust during the 4th quarter worth approximately $161,000. Ackerman Capital Advisors LLC acquired a new stake in Invesco Quality Municipal Income Trust during the 4th quarter worth approximately $198,000. Finally, Davis Investment Partners LLC acquired a new stake in Invesco Quality Municipal Income Trust during the 4th quarter worth approximately $346,000.

Invesco Quality Municipal Income Trust Price Performance

IQI opened at $9.92 on Friday. Invesco Quality Municipal Income Trust has a 1 year low of $8.05 and a 1 year high of $10.05. The firm has a 50 day moving average price of $9.67 and a 200 day moving average price of $9.57.

Invesco Quality Municipal Income Trust Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Tuesday, June 18th were given a $0.0631 dividend. This is an increase from Invesco Quality Municipal Income Trust’s previous monthly dividend of $0.04. The ex-dividend date of this dividend was Tuesday, June 18th. This represents a $0.76 annualized dividend and a yield of 7.63%.

Invesco Quality Municipal Income Trust Company Profile

Invesco Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.