92,258 Shares in Invesco Value Municipal Income Trust (NYSE:IIM) Purchased by LexAurum Advisors LLC

LexAurum Advisors LLC bought a new stake in Invesco Value Municipal Income Trust (NYSE:IIM - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 92,258 shares of the investment management company's stock, valued at approximately $1,104,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Corient Private Wealth LLC boosted its holdings in shares of Invesco Value Municipal Income Trust by 8.7% in the 4th quarter. Corient Private Wealth LLC now owns 12,450 shares of the investment management company's stock valued at $148,000 after buying an additional 1,000 shares during the last quarter. Rareview Capital LLC grew its position in shares of Invesco Value Municipal Income Trust by 0.9% in the 4th quarter. Rareview Capital LLC now owns 150,852 shares of the investment management company's stock valued at $1,943,000 after acquiring an additional 1,365 shares during the period. D.A. Davidson & CO. grew its position in shares of Invesco Value Municipal Income Trust by 13.9% in the 4th quarter. D.A. Davidson & CO. now owns 12,258 shares of the investment management company's stock valued at $146,000 after acquiring an additional 1,500 shares during the period. Allworth Financial LP increased its stake in shares of Invesco Value Municipal Income Trust by 310.0% during the 4th quarter. Allworth Financial LP now owns 2,255 shares of the investment management company's stock worth $27,000 after purchasing an additional 1,705 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its holdings in shares of Invesco Value Municipal Income Trust by 29.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 8,855 shares of the investment management company's stock valued at $105,000 after purchasing an additional 2,000 shares during the period. Institutional investors own 20.73% of the company's stock.

Invesco Value Municipal Income Trust Trading Up 0.4%

Invesco Value Municipal Income Trust stock traded up $0.05 during midday trading on Wednesday, reaching $11.65. 89,440 shares of the company's stock were exchanged, compared to its average volume of 147,405. Invesco Value Municipal Income Trust has a 52 week low of $10.96 and a 52 week high of $13.10. The stock's 50-day simple moving average is $11.69 and its 200 day simple moving average is $12.01.

Invesco Value Municipal Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be issued a dividend of $0.0771 per share. This represents a $0.93 annualized dividend and a dividend yield of 7.94%. The ex-dividend date is Tuesday, June 17th.

About Invesco Value Municipal Income Trust

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.