Guardian Wealth Advisors LLC NC Has $1.40 Million Stock Holdings in Invesco Quality Municipal Income Trust (NYSE:IQI)

Guardian Wealth Advisors LLC NC lessened its stake in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) by 2.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 140,250 shares of the financial services provider’s stock after selling 4,100 shares during the period. Guardian Wealth Advisors LLC NC owned 0.27% of Invesco Quality Municipal Income Trust worth $1,400,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Ironsides Asset Advisors LLC grew its holdings in Invesco Quality Municipal Income Trust by 15.9% during the first quarter. Ironsides Asset Advisors LLC now owns 12,884 shares of the financial services provider’s stock valued at $129,000 after purchasing an additional 1,767 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Invesco Quality Municipal Income Trust by 5.5% during the first quarter. Commonwealth Equity Services LLC now owns 73,937 shares of the financial services provider’s stock valued at $737,000 after purchasing an additional 3,856 shares during the last quarter. Guggenheim Capital LLC grew its holdings in Invesco Quality Municipal Income Trust by 16.3% during the first quarter. Guggenheim Capital LLC now owns 925,040 shares of the financial services provider’s stock valued at $9,232,000 after purchasing an additional 129,932 shares during the last quarter. LPL Financial LLC boosted its position in shares of Invesco Quality Municipal Income Trust by 64.2% in the first quarter. LPL Financial LLC now owns 228,278 shares of the financial services provider’s stock valued at $2,278,000 after acquiring an additional 89,279 shares during the period. Finally, Truist Financial Corp bought a new stake in shares of Invesco Quality Municipal Income Trust in the first quarter valued at approximately $154,000.

Invesco Quality Municipal Income Trust Price Performance

IQI opened at $8.94 on Friday. Invesco Quality Municipal Income Trust has a 1-year low of $8.76 and a 1-year high of $10.38. The business has a 50 day moving average of $9.36 and a 200-day moving average of $9.47.

Invesco Quality Municipal Income Trust Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a $0.0358 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.43 annualized dividend and a dividend yield of 4.81%.

Invesco Quality Municipal Income Trust Profile

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.