CF Capital LLC acquired a new position in shares of Invesco Quality Municipal Income Trust (NYSE:IQI - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 143,904 shares of the financial services provider's stock, valued at approximately $1,419,000. Invesco Quality Municipal Income Trust makes up approximately 1.5% of CF Capital LLC's portfolio, making the stock its 21st biggest holding.
Several other large investors have also recently added to or reduced their stakes in IQI. Van ECK Associates Corp increased its holdings in shares of Invesco Quality Municipal Income Trust by 4.1% in the fourth quarter. Van ECK Associates Corp now owns 396,171 shares of the financial services provider's stock valued at $3,906,000 after purchasing an additional 15,560 shares during the last quarter. Money Concepts Capital Corp bought a new position in Invesco Quality Municipal Income Trust during the 4th quarter worth $161,000. Oppenheimer & Co. Inc. acquired a new stake in Invesco Quality Municipal Income Trust during the 4th quarter valued at approximately $334,000. Raymond James Financial Inc. acquired a new position in shares of Invesco Quality Municipal Income Trust in the 4th quarter valued at about $11,965,000. Finally, Commonwealth Equity Services LLC boosted its stake in Invesco Quality Municipal Income Trust by 27.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 104,381 shares of the financial services provider's stock worth $1,029,000 after acquiring an additional 22,625 shares in the last quarter.
Invesco Quality Municipal Income Trust Stock Performance
Shares of NYSE IQI traded up $0.05 during trading on Wednesday, hitting $9.48. The stock had a trading volume of 243,600 shares, compared to its average volume of 173,501. Invesco Quality Municipal Income Trust has a 12 month low of $8.86 and a 12 month high of $10.53. The firm has a fifty day moving average of $9.56 and a two-hundred day moving average of $9.82.
Invesco Quality Municipal Income Trust Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be paid a $0.0631 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.76 dividend on an annualized basis and a yield of 7.99%.
About Invesco Quality Municipal Income Trust
(
Free Report)
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.
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