CoreFirst Bank & Trust Invests $78,000 in Invesco Value Municipal Income Trust (NYSE:IIM)

CoreFirst Bank & Trust bought a new stake in shares of Invesco Value Municipal Income Trust (NYSE:IIM) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 6,600 shares of the investment management company’s stock, valued at approximately $78,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Larson Financial Group LLC increased its holdings in shares of Invesco Value Municipal Income Trust by 233.3% during the 3rd quarter. Larson Financial Group LLC now owns 2,000 shares of the investment management company’s stock worth $26,000 after purchasing an additional 1,400 shares during the period. Allworth Financial LP grew its position in Invesco Value Municipal Income Trust by 310.0% during the fourth quarter. Allworth Financial LP now owns 2,255 shares of the investment management company’s stock worth $27,000 after buying an additional 1,705 shares in the last quarter. Curio Wealth LLC acquired a new stake in Invesco Value Municipal Income Trust during the fourth quarter worth about $32,000. Harbour Investments Inc. bought a new position in Invesco Value Municipal Income Trust during the fourth quarter valued at about $48,000. Finally, Avior Wealth Management LLC acquired a new position in Invesco Value Municipal Income Trust in the 4th quarter valued at approximately $54,000. 20.73% of the stock is owned by institutional investors.

Invesco Value Municipal Income Trust Price Performance

Shares of NYSE:IIM opened at $12.07 on Wednesday. Invesco Value Municipal Income Trust has a 1-year low of $11.28 and a 1-year high of $13.10. The business’s 50 day moving average is $12.20 and its 200-day moving average is $12.36.

Invesco Value Municipal Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be issued a $0.0771 dividend. This represents a $0.93 annualized dividend and a yield of 7.67%. The ex-dividend date is Wednesday, April 16th.

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.