Rothschild Investment LLC Has $1.47 Million Holdings in Invesco Quality Municipal Income Trust (NYSE:IQI)

Rothschild Investment LLC reduced its holdings in Invesco Quality Municipal Income Trust (NYSE:IQI - Free Report) by 15.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 152,002 shares of the financial services provider's stock after selling 28,627 shares during the period. Rothschild Investment LLC's holdings in Invesco Quality Municipal Income Trust were worth $1,471,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in Invesco Quality Municipal Income Trust during the fourth quarter worth $11,965,000. Robinson Capital Management LLC boosted its stake in shares of Invesco Quality Municipal Income Trust by 29.0% during the 4th quarter. Robinson Capital Management LLC now owns 893,374 shares of the financial services provider's stock worth $8,809,000 after acquiring an additional 200,732 shares in the last quarter. Sit Investment Associates Inc. increased its holdings in shares of Invesco Quality Municipal Income Trust by 2.9% during the 4th quarter. Sit Investment Associates Inc. now owns 802,800 shares of the financial services provider's stock valued at $7,916,000 after acquiring an additional 22,345 shares during the last quarter. Pathstone Holdings LLC raised its stake in shares of Invesco Quality Municipal Income Trust by 16.4% in the 4th quarter. Pathstone Holdings LLC now owns 793,819 shares of the financial services provider's stock valued at $7,843,000 after acquiring an additional 112,115 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of Invesco Quality Municipal Income Trust by 198.7% in the 4th quarter. LPL Financial LLC now owns 505,154 shares of the financial services provider's stock valued at $4,981,000 after acquiring an additional 336,042 shares in the last quarter.

Invesco Quality Municipal Income Trust Stock Performance

NYSE:IQI traded down $0.06 during midday trading on Tuesday, reaching $9.32. The stock had a trading volume of 88,279 shares, compared to its average volume of 171,811. Invesco Quality Municipal Income Trust has a 1-year low of $8.86 and a 1-year high of $10.53. The firm's fifty day simple moving average is $9.38 and its 200-day simple moving average is $9.73.

Invesco Quality Municipal Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be given a dividend of $0.0631 per share. This represents a $0.76 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date of this dividend is Tuesday, June 17th.

Invesco Quality Municipal Income Trust Profile

Invesco Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.