Invesco Quality Municipal Income Trust (NYSE:IQI - Get Free Report) Portfolio Manager Timothy M. O'reilly purchased 5,360 shares of the business's stock in a transaction dated Tuesday, June 24th. The stock was bought at an average price of $9.33 per share, for a total transaction of $50,008.80. Following the completion of the acquisition, the portfolio manager now owns 5,360 shares of the company's stock, valued at approximately $50,008.80. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.
Invesco Quality Municipal Income Trust Trading Up 0.7%
NYSE IQI traded up $0.06 on Thursday, reaching $9.36. 250,198 shares of the stock traded hands, compared to its average volume of 174,039. The company has a fifty day moving average price of $9.35 and a 200-day moving average price of $9.65. Invesco Quality Municipal Income Trust has a 12 month low of $8.86 and a 12 month high of $10.53.
Invesco Quality Municipal Income Trust Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th will be given a dividend of $0.0631 per share. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $0.76 annualized dividend and a yield of 8.09%.
Institutional Investors Weigh In On Invesco Quality Municipal Income Trust
A number of hedge funds have recently made changes to their positions in the stock. Oppenheimer & Co. Inc. purchased a new stake in Invesco Quality Municipal Income Trust during the fourth quarter valued at approximately $334,000. Noble Wealth Management PBC acquired a new position in shares of Invesco Quality Municipal Income Trust during the fourth quarter worth $123,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco Quality Municipal Income Trust in the 4th quarter worth $11,965,000. Independent Advisor Alliance purchased a new position in Invesco Quality Municipal Income Trust during the 4th quarter worth $627,000. Finally, Commonwealth Equity Services LLC grew its stake in Invesco Quality Municipal Income Trust by 27.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 104,381 shares of the financial services provider's stock worth $1,029,000 after buying an additional 22,625 shares during the last quarter.
Invesco Quality Municipal Income Trust Company Profile
(
Get Free Report)
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.
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