Savvy Advisors Inc. bought a new position in Invesco Municipal Income Opportunities Trust (NYSE:OIA - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 107,803 shares of the investment management company's stock, valued at approximately $636,000. Savvy Advisors Inc. owned about 0.23% of Invesco Municipal Income Opportunities Trust as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its stake in shares of Invesco Municipal Income Opportunities Trust by 33.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 265,083 shares of the investment management company's stock worth $1,564,000 after purchasing an additional 65,856 shares during the period. Van ECK Associates Corp raised its holdings in Invesco Municipal Income Opportunities Trust by 10.0% in the 4th quarter. Van ECK Associates Corp now owns 217,955 shares of the investment management company's stock worth $1,286,000 after purchasing an additional 19,889 shares during the period. Raymond James Financial Inc. purchased a new position in Invesco Municipal Income Opportunities Trust during the fourth quarter valued at $973,000. Avantax Advisory Services Inc. grew its holdings in Invesco Municipal Income Opportunities Trust by 27.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 72,817 shares of the investment management company's stock valued at $430,000 after purchasing an additional 15,587 shares during the period. Finally, Wolverine Asset Management LLC purchased a new stake in Invesco Municipal Income Opportunities Trust in the fourth quarter worth about $396,000. Institutional investors own 12.57% of the company's stock.
Invesco Municipal Income Opportunities Trust Trading Up 0.7 %
Shares of NYSE:OIA traded up $0.04 during mid-day trading on Friday, reaching $5.72. 62,583 shares of the company traded hands, compared to its average volume of 107,647. Invesco Municipal Income Opportunities Trust has a 52 week low of $5.43 and a 52 week high of $6.99. The company's 50 day moving average price is $5.99 and its 200-day moving average price is $6.24.
Invesco Municipal Income Opportunities Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a $0.0291 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $0.35 dividend on an annualized basis and a yield of 6.10%.
About Invesco Municipal Income Opportunities Trust
(
Free Report)
Invesco Municipal Income Opportunities 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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