Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI - Get Free Report) declared a monthly dividend on Wednesday, July 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, July 16th will be paid a dividend of 0.0559 per share by the financial services provider on Thursday, July 31st. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.94%. The ex-dividend date is Wednesday, July 16th.
Invesco Advantage Municipal Income Trust II Trading Up 0.4%
NYSEAMERICAN VKI traded up $0.03 on Friday, reaching $8.45. The company had a trading volume of 47,281 shares, compared to its average volume of 148,662. The company's fifty day moving average is $8.31 and its 200 day moving average is $8.58. Invesco Advantage Municipal Income Trust II has a 52-week low of $7.89 and a 52-week high of $9.42.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Invesco Advantage Municipal Income Trust II stock. Royal Bank of Canada boosted its stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI - Free Report) by 15.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,040 shares of the financial services provider's stock after purchasing an additional 4,811 shares during the period. Royal Bank of Canada's holdings in Invesco Advantage Municipal Income Trust II were worth $300,000 at the end of the most recent reporting period. Institutional investors own 27.52% of the company's stock.
Invesco Advantage Municipal Income Trust II Company Profile
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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.
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