Logan Stone Capital LLC trimmed its holdings in Invesco Quality Municipal Income Trust (NYSE:IQI - Free Report) by 90.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,033 shares of the financial services provider's stock after selling 347,683 shares during the period. Logan Stone Capital LLC's holdings in Invesco Quality Municipal Income Trust were worth $355,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also made changes to their positions in the company. Signaturefd LLC purchased a new position in shares of Invesco Quality Municipal Income Trust in the fourth quarter valued at about $43,000. Atala Financial Inc purchased a new position in shares of Invesco Quality Municipal Income Trust in the fourth quarter valued at about $101,000. Fortitude Advisory Group L.L.C. bought a new stake in shares of Invesco Quality Municipal Income Trust in the fourth quarter worth about $101,000. Noble Wealth Management PBC bought a new stake in shares of Invesco Quality Municipal Income Trust in the fourth quarter worth about $123,000. Finally, Aristides Capital LLC bought a new stake in shares of Invesco Quality Municipal Income Trust in the fourth quarter worth about $134,000.
Invesco Quality Municipal Income Trust Trading Down 0.8%
Shares of IQI stock traded down $0.08 during trading hours on Friday, hitting $9.43. The stock had a trading volume of 144,122 shares, compared to its average volume of 174,901. Invesco Quality Municipal Income Trust has a one year low of $8.86 and a one year high of $10.53. The stock's 50-day moving average price is $9.49 and its two-hundred day moving average price is $9.79.
Invesco Quality Municipal Income Trust Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be issued a $0.0631 dividend. The ex-dividend date is Friday, May 16th. This represents a $0.76 annualized dividend and a dividend yield of 8.03%.
Invesco Quality Municipal Income Trust Profile
(
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.
See Also
Before you consider Invesco Quality Municipal Income Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco Quality Municipal Income Trust wasn't on the list.
While Invesco Quality Municipal Income Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
