Capital Investment Advisors LLC downgrades its stake in Invesco Value Municipal Income Trust (NYSE: IIM)


Capital Investment Advisors LLC downgraded its position in the Invesco Value Municipal Income Trust (NYSE: IIM – Get Rating) by 3.0% in the first quarter, according to its latest 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,026 shares of the investment management company after selling 2,545 shares in the quarter. Capital Investment Advisors LLC owns $ 1,130,000 in the Invesco Value Municipal Income Trust since its last filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares in the company. Envestnet Asset Management Inc. bought a new stake in Invesco Value Municipal Income Trust in the 4th quarter worth $ 201,000. Rockefeller Capital Management LP increased its position in shares of Invesco Value Municipal Income Trust by 10.1% in the 4th quarter. Rockefeller Capital Management LP already owns 17,288 shares of the investment management company worth $ 294,000 after buying an additional 1,582 shares in the last quarter. Van ECK Associates Corp rose 8.5% in the 4th quarter of its Invesco Value Municipal Income Trust. Van ECK Associates Corp. now owns 238,912 shares of the investment management company worth $ 4,071,000 after buying an additional 18,636 shares in the last quarter. First Trust Advisors LP increased its position in shares of Invesco Value Municipal Income Trust by 66.4% in the 4th quarter. First Trust Advisors LP now owns 56,626 shares of the investment management company worth $ 965,000 after buying an additional 22,590 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of Invesco Value Municipal Income Trust by 16.5% in the third quarter. LPL Financial LLC now owns 210,341 shares of the investment management company worth $ 3,431,000 after purchasing an additional 29,744 shares in the last quarter. Hedge funds and other institutional investors own 12.49% of the company’s shares.

Shares of Invesco Value Municipal Income Trust opened at $ 12.42 on Friday. The company’s 50-day moving average price is $ 13.03, and its 200-day moving average is $ 14.40. The Invesco Value Municipal Income Trust has a fifty-two week low of $ 12.00 and a fifty-two week high of $ 17.29.

The business also recently unveiled a monthly dividend that will be paid on Thursday, June 30th. The record shareholders on Wednesday, June 15, will receive a dividend of $ 0.0627 per share. This represents a $ 0.75 annual dividend and a dividend yield of 6.06%. The date of the former dividend is Tuesday, June 14.

In related news, portfolio manager Timothy M. O’Reilly sold 1,946 shares of the stock in a deal on Friday, June 3rd. The shares were sold at an average price of $ 13.79, for a total transaction of $ 26,835.34. The transaction is disclosed in a document submitted to the SEC, which is accessible through this link. 6.05% of the shares are currently owned by insiders of the company.

About Invesco Value Municipal Income Trust (Get a rating)

Invesco Value Municipal Income Trust is a closed-end fixed income mutual fund launched by Invesco Ltd. The fund is managed jointly 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 fixed markets. income in the United States.

See also

Want to see what other hedge funds hold IIM? Visit HoldingsChannel.com to get the latest 13F requests and domestic deals for Invesco Value Municipal Income Trust (NYSE: IIM – Get rating).

Institutional ownership by quarter for Invesco Value Municipal Income Trust (NYSE: IIM)



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