Invesco Value Municipal Income Trust (NYSE:IIM - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 280,980 shares were traded during trading, an increase of 133% from the previous session's volume of 120,352 shares.The stock last traded at $11.54 and had previously closed at $11.54.
Invesco Value Municipal Income Trust Trading Up 0.7 %
The business's 50-day simple moving average is $11.64 and its 200-day simple moving average is $11.61.
Invesco Value Municipal Income Trust Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 16th will be given a $0.0496 dividend. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.12%.
Institutional Trading of Invesco Value Municipal Income Trust
A number of hedge funds have recently modified their holdings of the company. S.A. Mason LLC acquired a new stake in Invesco Value Municipal Income Trust during the 4th quarter worth approximately $46,000. CoreFirst Bank & Trust acquired a new stake in Invesco Value Municipal Income Trust during the 4th quarter worth approximately $77,000. AdvisorNet Financial Inc raised its holdings in Invesco Value Municipal Income Trust by 46.4% during the 4th quarter. AdvisorNet Financial Inc now owns 7,365 shares of the investment management company's stock worth $86,000 after buying an additional 2,335 shares during the period. Ackerman Capital Advisors LLC acquired a new stake in Invesco Value Municipal Income Trust during the 4th quarter worth approximately $124,000. Finally, Clough Capital Partners L P acquired a new stake in Invesco Value Municipal Income Trust during the 3rd quarter worth approximately $175,000. 20.73% of the stock is currently owned by institutional investors and hedge funds.
Invesco Value Municipal Income Trust Company Profile
(
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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.
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