Rareview Capital LLC Grows Holdings in Invesco Quality Municipal Income Trust (NYSE:IQI)

Rareview Capital LLC boosted its holdings in Invesco Quality Municipal Income Trust (NYSE:IQI) by 3.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 285,247 shares of the financial services provider’s stock after purchasing an additional 9,572 shares during the quarter. Invesco Quality Municipal Income Trust comprises 2.2% of Rareview Capital LLC’s investment portfolio, making the stock its 15th largest holding. Rareview Capital LLC’s holdings in Invesco Quality Municipal Income Trust were worth $2,978,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. US Bancorp DE purchased a new stake in Invesco Quality Municipal Income Trust in the 3rd quarter valued at $45,000. Atala Financial Inc purchased a new stake in Invesco Quality Municipal Income Trust in the 4th quarter valued at $101,000. Fortitude Advisory Group L.L.C. purchased a new stake in Invesco Quality Municipal Income Trust in the 4th quarter valued at $101,000. Worth Asset Management LLC purchased a new stake in Invesco Quality Municipal Income Trust in the 4th quarter valued at $102,000. Finally, Larson Financial Group LLC raised its position in Invesco Quality Municipal Income Trust by 234.1% in the 3rd quarter. Larson Financial Group LLC now owns 11,025 shares of the financial services provider’s stock valued at $115,000 after purchasing an additional 7,725 shares during the last quarter.

Invesco Quality Municipal Income Trust Trading Down 0.3 %

IQI stock opened at $9.85 on Friday. The company has a fifty day moving average price of $9.92 and a 200 day moving average price of $10.06. Invesco Quality Municipal Income Trust has a 12 month low of $9.23 and a 12 month high of $10.53.

Invesco Quality Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.0631 dividend. The ex-dividend date is Monday, March 17th. This represents a $0.76 annualized dividend and a yield of 7.69%.

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.