Matisse Capital Makes New $98,000 Investment in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Matisse Capital bought a new position in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,023 shares of the financial services provider’s stock, valued at approximately $98,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Fiera Capital Corp boosted its position in shares of Invesco Advantage Municipal Income Trust II by 8.6% during the 4th quarter. Fiera Capital Corp now owns 735,159 shares of the financial services provider’s stock worth $6,212,000 after acquiring an additional 58,150 shares in the last quarter. Weiss Asset Management LP bought a new position in Invesco Advantage Municipal Income Trust II in the 4th quarter valued at approximately $246,000. Aristides Capital LLC bought a new position in Invesco Advantage Municipal Income Trust II in the 4th quarter valued at approximately $127,000. Karpus Management Inc. raised its stake in shares of Invesco Advantage Municipal Income Trust II by 18.5% during the fourth quarter. Karpus Management Inc. now owns 942,137 shares of the financial services provider’s stock valued at $7,961,000 after acquiring an additional 147,111 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC raised its stake in shares of Invesco Advantage Municipal Income Trust II by 51.0% during the first quarter. Kingswood Wealth Advisors LLC now owns 32,130 shares of the financial services provider’s stock valued at $273,000 after acquiring an additional 10,850 shares during the last quarter. Institutional investors and hedge funds own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Up 0.3 %

NYSEAMERICAN VKI traded up $0.03 during trading hours on Friday, hitting $9.00. 97,584 shares of the company’s stock were exchanged, compared to its average volume of 141,849. Invesco Advantage Municipal Income Trust II has a 1-year low of $7.07 and a 1-year high of $9.22.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were issued a $0.0559 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.45%. The ex-dividend date was Friday, August 16th.

Invesco Advantage Municipal Income Trust II Profile

Invesco Advantage Municipal Income Trust II 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.