UBS Group AG Sells 44,300 Shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

UBS Group AG lowered its position in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI – Get Rating) by 5.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 791,614 shares of the financial services provider’s stock after selling 44,300 shares during the quarter. UBS Group AG owned about 1.78% of Invesco Advantage Municipal Income Trust II worth $6,800,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of VKI. Janney Montgomery Scott LLC acquired a new stake in Invesco Advantage Municipal Income Trust II in the third quarter worth $82,000. Drive Wealth Management LLC bought a new stake in Invesco Advantage Municipal Income Trust II in the 3rd quarter valued at about $87,000. Summit Trail Advisors LLC bought a new position in Invesco Advantage Municipal Income Trust II in the third quarter worth approximately $102,000. Creative Planning acquired a new stake in Invesco Advantage Municipal Income Trust II in the second quarter valued at approximately $105,000. Finally, Dakota Wealth Management bought a new stake in shares of Invesco Advantage Municipal Income Trust II during the third quarter valued at approximately $114,000. 16.85% of the stock is currently owned by institutional investors and hedge funds.

Invesco Advantage Municipal Income Trust II Price Performance

Shares of VKI opened at $8.18 on Friday. Invesco Advantage Municipal Income Trust II has a 12-month low of $7.81 and a 12-month high of $9.99.

Invesco Advantage Municipal Income Trust II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th will be given a dividend of $0.0321 per share. This represents a $0.39 annualized dividend and a dividend yield of 4.71%. The ex-dividend date is Friday, May 12th.

About Invesco Advantage Municipal Income Trust II

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Invesco Advantage Municipal Income Trust II is a closed-end investment fund and trust. Its investment objective is to seek to provide a high level of current income exempt from federal income tax, consistent with preservation of capital. The company was founded in 1993 and is headquartered in Atlanta, GA.