Advisors Asset Management Inc. Reduces Position in Invesco Value Municipal Income Trust (NYSE:IIM)

Advisors Asset Management Inc. decreased its position in Invesco Value Municipal Income Trust (NYSE:IIM) by 4.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hennion & Walsh Asset Management Inc. raised its stake in shares of Invesco Value Municipal Income Trust by 18.2% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 1,107,182 shares of the investment management company’s stock valued at $13,663,000 after buying an additional 170,116 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Invesco Value Municipal Income Trust by 1,206.4% in the 1st quarter. Cetera Investment Advisers now owns 164,342 shares of the investment management company’s stock valued at $1,972,000 after purchasing an additional 151,762 shares during the period. Wealthspire Advisors LLC acquired a new stake in Invesco Value Municipal Income Trust during the second quarter valued at $1,180,000. Rothschild Investment LLC acquired a new position in shares of Invesco Value Municipal Income Trust in the second quarter worth about $814,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Invesco Value Municipal Income Trust by 32.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 136,028 shares of the investment management company’s stock worth $1,679,000 after acquiring an additional 32,958 shares in the last quarter. Institutional investors and hedge funds own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Trading Down 0.2 %

Shares of IIM stock opened at $12.22 on Friday. The business’s 50 day moving average is $12.61 and its two-hundred day moving average is $12.42. Invesco Value Municipal Income Trust has a 12-month low of $11.24 and a 12-month high of $13.10.

Invesco Value Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.0771 per share. This represents a $0.93 annualized dividend and a yield of 7.57%. The ex-dividend date of this dividend is Friday, November 15th.

About Invesco Value Municipal Income Trust

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.