World Investment Advisors lifted its stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI - Free Report) by 47.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 157,212 shares of the financial services provider's stock after acquiring an additional 50,350 shares during the quarter. World Investment Advisors' holdings in Invesco Advantage Municipal Income Trust II were worth $1,343,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. TPG Advisors LLC bought a new position in Invesco Advantage Municipal Income Trust II in the first quarter valued at about $88,000. Wedbush Securities Inc. bought a new position in Invesco Advantage Municipal Income Trust II during the fourth quarter worth $112,000. Landscape Capital Management L.L.C. acquired a new position in shares of Invesco Advantage Municipal Income Trust II in the 4th quarter valued at about $123,000. MGO One Seven LLC bought a new stake in shares of Invesco Advantage Municipal Income Trust II during the 4th quarter valued at about $161,000. Finally, Bank of Montreal Can grew its stake in Invesco Advantage Municipal Income Trust II by 4.6% during the fourth quarter. Bank of Montreal Can now owns 27,584 shares of the financial services provider's stock worth $241,000 after purchasing an additional 1,224 shares during the period. Institutional investors own 27.52% of the company's stock.
Invesco Advantage Municipal Income Trust II Trading Down 0.2%
Shares of NYSEAMERICAN VKI traded down $0.02 during midday trading on Wednesday, hitting $8.37. 66,832 shares of the stock traded hands, compared to its average volume of 148,299. Invesco Advantage Municipal Income Trust II has a one year low of $7.89 and a one year high of $9.42. The business has a 50 day moving average price of $8.31 and a two-hundred day moving average price of $8.57.
Invesco Advantage Municipal Income Trust II Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Thursday, July 31st. Investors of record on Wednesday, July 16th will be issued a dividend of $0.0559 per share. The ex-dividend date is Wednesday, July 16th. This represents a $0.67 dividend on an annualized basis and a yield of 8.01%.
Invesco Advantage Municipal Income Trust II Company Profile
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Free Report)
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.
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