Centaurus Financial Inc. purchased a new position in shares of Invesco Quality Municipal Income Trust (NYSE:IQI - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 100,434 shares of the financial services provider's stock, valued at approximately $1,016,000. Centaurus Financial Inc. owned approximately 0.19% of Invesco Quality Municipal Income Trust at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new position in shares of Invesco Quality Municipal Income Trust during the 4th quarter worth about $35,000. International Assets Investment Management LLC bought a new stake in Invesco Quality Municipal Income Trust in the fourth quarter valued at about $109,000. Mercer Global Advisors Inc. ADV bought a new stake in Invesco Quality Municipal Income Trust in the fourth quarter valued at about $109,000. Steward Partners Investment Advisory LLC raised its position in Invesco Quality Municipal Income Trust by 13.7% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 13,944 shares of the financial services provider's stock worth $139,000 after purchasing an additional 1,681 shares in the last quarter. Finally, PCM Encore LLC acquired a new position in Invesco Quality Municipal Income Trust in the fourth quarter worth about $139,000.
Invesco Quality Municipal Income Trust Stock Performance
Shares of IQI opened at $10.17 on Friday. The company has a 50-day moving average price of $10.09 and a two-hundred day moving average price of $9.98. Invesco Quality Municipal Income Trust has a 12 month low of $9.26 and a 12 month high of $10.42.
Invesco Quality Municipal Income Trust Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 17th will be issued a $0.0631 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.
Invesco Quality Municipal Income Trust Profile
(
Free Report)
Invesco Quality Municipal Income Trust NYSE: IQI is a closed-end management investment company listed on the New York Stock Exchange. Managed by Invesco Advisers, Inc, the fund's primary objective is to provide investors with a high level of current income that is exempt from federal income taxes. To achieve this, the trust invests predominantly in investment-grade municipal securities issued by U.S. states, municipalities, and their agencies.
The portfolio holds a diversified blend of municipal bonds, including general obligation bonds, revenue bonds, and other tax-exempt obligations.
Further Reading
Want to see what other hedge funds are holding IQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Quality Municipal Income Trust (NYSE:IQI - Free Report).
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