Invvlu Mu Incm $IIM Holdings Lowered by Hennion & Walsh Asset Management Inc.

Key Points

• Hennion & Walsh cut its stake in Invesco Value Municipal Income Trust (NYSE:IIM) by 23.3% in Q4, selling 193,120 shares and retaining 634,555 shares worth $7.818 million (≈1.35% ownership).
• Other institutions shifted positions—NewEdge Advisors +56.4%, Ameriprise +8.4%, Raymond James +8.9%—and hedge funds/institutional investors now own 20.73% of the stock.
• The fund declared a monthly dividend of $0.0771 per share (record date Mar 16, pay date Mar 31), implying an annualized yield of about 7.7%.

Hennion & Walsh Asset Management Inc. decreased its stake in Invvlu Mu Incm (NYSE:IIM - Free Report) by 23.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 634,555 shares of the investment management company's stock after selling 193,120 shares during the quarter. Hennion & Walsh Asset Management Inc. owned 1.35% of Invvlu Mu Incm worth $7,818,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Aventura Private Wealth LLC purchased a new stake in Invvlu Mu Incm during the fourth quarter valued at about $43,000. Avior Wealth Management LLC purchased a new position in shares of Invvlu Mu Incm in the fourth quarter worth approximately $155,000. NewEdge Advisors LLC increased its position in shares of Invvlu Mu Incm by 56.4% in the third quarter. NewEdge Advisors LLC now owns 101,027 shares of the investment management company's stock worth $1,268,000 after acquiring an additional 36,438 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Invvlu Mu Incm by 8.4% during the third quarter. Ameriprise Financial Inc. now owns 55,558 shares of the investment management company's stock valued at $697,000 after acquiring an additional 4,292 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in shares of Invvlu Mu Incm by 8.9% during the third quarter. Raymond James Financial Inc. now owns 213,987 shares of the investment management company's stock valued at $2,686,000 after acquiring an additional 17,439 shares during the period. Hedge funds and other institutional investors own 20.73% of the company's stock.

Invvlu Mu Incm Stock Performance

Shares of NYSE:IIM opened at $11.97 on Monday. The firm has a 50 day simple moving average of $12.64 and a 200 day simple moving average of $12.53. Invvlu Mu Incm has a 52 week low of $10.96 and a 52 week high of $13.17.

Invvlu Mu Incm Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.0771 per share. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Monday, March 16th.

Invvlu Mu Incm 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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.

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