Robinson Capital Management LLC Increases Stake in Invesco Value Municipal Income Trust (NYSE:IIM)

Robinson Capital Management LLC raised its holdings in shares of Invesco Value Municipal Income Trust (NYSE:IIM) by 19.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 642,440 shares of the investment management company’s stock after purchasing an additional 104,296 shares during the quarter. Invesco Value Municipal Income Trust makes up approximately 3.1% of Robinson Capital Management LLC’s portfolio, making the stock its 15th largest holding. Robinson Capital Management LLC’s holdings in Invesco Value Municipal Income Trust were worth $7,639,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Wealth Quarterback LLC lifted its stake in shares of Invesco Value Municipal Income Trust by 1.7% during the 3rd quarter. Wealth Quarterback LLC now owns 54,030 shares of the investment management company’s stock valued at $696,000 after buying an additional 894 shares in the last quarter. Larson Financial Group LLC grew its position 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 valued at $26,000 after purchasing an additional 1,400 shares in the last quarter. D.A. Davidson & CO. raised its position in shares of Invesco Value Municipal Income Trust by 13.9% in the fourth quarter. D.A. Davidson & CO. now owns 12,258 shares of the investment management company’s stock worth $146,000 after buying an additional 1,500 shares in the last quarter. Allworth Financial LP boosted its stake 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 valued at $27,000 after buying an additional 1,705 shares during the period. Finally, Catalina Capital Group LLC grew its position in Invesco Value Municipal Income Trust by 8.9% during the fourth quarter. Catalina Capital Group LLC now owns 22,641 shares of the investment management company’s stock worth $269,000 after buying an additional 1,857 shares in the last quarter. Hedge funds and other institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Up 1.8 %

NYSE:IIM opened at $12.41 on Tuesday. The business’s 50-day moving average price is $12.06 and its two-hundred day moving average price is $12.44. Invesco Value Municipal Income Trust has a twelve month low of $11.28 and a twelve month high of $13.10.

Invesco Value Municipal Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be paid a $0.0771 dividend. This represents a $0.93 dividend on an annualized basis and a yield of 7.46%. The ex-dividend date is Tuesday, February 18th.

Invesco Value Municipal Income Trust 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.