53,289 Shares in Invesco Value Municipal Income Trust (NYSE:IIM) Acquired by Walleye Capital LLC

Walleye Capital LLC bought a new position in shares of Invesco Value Municipal Income Trust (NYSE:IIMGet Rating) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 53,289 shares of the investment management company’s stock, valued at approximately $743,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IIM. Envestnet Asset Management Inc. bought a new stake in Invesco Value Municipal Income Trust during the fourth quarter worth approximately $201,000. HighTower Advisors LLC raised its holdings in Invesco Value Municipal Income Trust by 5.0% during the fourth quarter. HighTower Advisors LLC now owns 14,815 shares of the investment management company’s stock worth $252,000 after purchasing an additional 700 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in Invesco Value Municipal Income Trust by 10.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 17,288 shares of the investment management company’s stock worth $294,000 after buying an additional 1,582 shares during the last quarter. Guggenheim Capital LLC grew its position in Invesco Value Municipal Income Trust by 30.2% in the fourth quarter. Guggenheim Capital LLC now owns 362,036 shares of the investment management company’s stock worth $6,169,000 after buying an additional 84,066 shares during the last quarter. Finally, Advisors Asset Management Inc. grew its position in Invesco Value Municipal Income Trust by 7.7% in the fourth quarter. Advisors Asset Management Inc. now owns 295,092 shares of the investment management company’s stock worth $5,028,000 after buying an additional 21,117 shares during the last quarter. Institutional investors own 15.45% of the company’s stock.

Invesco Value Municipal Income Trust Stock Performance

Invesco Value Municipal Income Trust stock opened at $12.20 on Wednesday. Invesco Value Municipal Income Trust has a 1 year low of $12.00 and a 1 year high of $17.23. The firm’s 50 day moving average price is $13.42 and its two-hundred day moving average price is $13.35.

Invesco Value Municipal Income Trust Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be given a dividend of $0.0544 per share. This represents a $0.65 annualized dividend and a yield of 5.35%. The ex-dividend date is Wednesday, September 14th.

About Invesco Value Municipal Income Trust

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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.

See Also

Want to see what other hedge funds are holding IIM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Value Municipal Income Trust (NYSE:IIMGet Rating).

Institutional Ownership by Quarter for Invesco Value Municipal Income Trust (NYSE:IIM)

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