World Investment Advisors Has $1.34 Million Stock Position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

World Investment Advisors increased its position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI - Free Report) by 47.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 157,212 shares of the financial services provider's stock after purchasing an additional 50,350 shares during the quarter. World Investment Advisors' holdings in Invesco Advantage Municipal Income Trust II were worth $1,343,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in Invesco Advantage Municipal Income Trust II during the fourth quarter worth $1,149,000. Independent Advisor Alliance acquired a new position in Invesco Advantage Municipal Income Trust II during the fourth quarter worth $752,000. HighTower Advisors LLC acquired a new position in Invesco Advantage Municipal Income Trust II during the fourth quarter worth $454,000. LPL Financial LLC raised its stake in Invesco Advantage Municipal Income Trust II by 1,054.8% during the fourth quarter. LPL Financial LLC now owns 375,183 shares of the financial services provider's stock worth $3,279,000 after acquiring an additional 342,694 shares in the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new position in Invesco Advantage Municipal Income Trust II during the fourth quarter worth $123,000. 27.52% of the stock is owned by institutional investors.

Invesco Advantage Municipal Income Trust II Stock Performance

Shares of NYSEAMERICAN:VKI traded down $0.05 during midday trading on Friday, reaching $8.31. The company's stock had a trading volume of 361,873 shares, compared to its average volume of 148,911. Invesco Advantage Municipal Income Trust II has a fifty-two week low of $7.89 and a fifty-two week high of $9.42. The business's fifty day simple moving average is $8.30 and its 200-day simple moving average is $8.56.

Invesco Advantage Municipal Income Trust II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Wednesday, July 16th will be paid a $0.0559 dividend. The ex-dividend date of this dividend is Wednesday, July 16th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 8.07%.

Invesco Advantage Municipal Income Trust II Company 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.