Pathstone Holdings LLC grew its stake in Invesco Quality Municipal Income Trust (NYSE:IQI - Free Report) by 16.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 793,819 shares of the financial services provider's stock after purchasing an additional 112,115 shares during the quarter. Pathstone Holdings LLC's holdings in Invesco Quality Municipal Income Trust were worth $7,843,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in Invesco Quality Municipal Income Trust during the fourth quarter valued at $11,965,000. LPL Financial LLC grew its stake in shares of Invesco Quality Municipal Income Trust by 198.7% during the 4th quarter. LPL Financial LLC now owns 505,154 shares of the financial services provider's stock worth $4,981,000 after acquiring an additional 336,042 shares during the period. Robinson Capital Management LLC grew 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 during the period. CF Capital LLC purchased a new stake in Invesco Quality Municipal Income Trust in the 4th quarter worth about $1,419,000. Finally, Absolute Investment Advisers LLC bought a new stake in Invesco Quality Municipal Income Trust in the 4th quarter valued at about $628,000.
Invesco Quality Municipal Income Trust Price Performance
NYSE IQI traded down $0.01 during trading on Thursday, hitting $9.23. 69,413 shares of the company's stock traded hands, compared to its average volume of 174,539. Invesco Quality Municipal Income Trust has a 12-month low of $8.86 and a 12-month high of $10.53. The business has a 50 day moving average of $9.45 and a 200-day moving average of $9.78.
Invesco Quality Municipal Income Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be paid a dividend of $0.0631 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 8.21%. The ex-dividend date of this dividend is Friday, May 16th.
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.
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