Van ECK Associates Corp Raises Stake in Invesco Municipal Income Opportunities Trust (NYSE:OIA)

Van ECK Associates Corp grew its holdings in Invesco Municipal Income Opportunities Trust (NYSE:OIA) by 45.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 261,713 shares of the investment management company’s stock after buying an additional 81,830 shares during the period. Van ECK Associates Corp owned 0.55% of Invesco Municipal Income Opportunities Trust worth $1,662,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Modera Wealth Management LLC purchased a new stake in Invesco Municipal Income Opportunities Trust in the 3rd quarter valued at approximately $92,000. Genesee Capital Advisors LLC acquired a new position in Invesco Municipal Income Opportunities Trust during the fourth quarter worth $113,000. Truist Financial Corp raised its position in Invesco Municipal Income Opportunities Trust by 32.7% in the fourth quarter. Truist Financial Corp now owns 18,250 shares of the investment management company’s stock worth $116,000 after acquiring an additional 4,500 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its position in Invesco Municipal Income Opportunities Trust by 24.9% in the third quarter. B. Riley Wealth Advisors Inc. now owns 19,557 shares of the investment management company’s stock worth $114,000 after acquiring an additional 3,900 shares in the last quarter. Finally, Financial Counselors Inc. acquired a new stake in Invesco Municipal Income Opportunities Trust in the fourth quarter valued at $273,000. Institutional investors and hedge funds own 12.57% of the company’s stock.

Invesco Municipal Income Opportunities Trust Stock Up 0.6 %

NYSE:OIA opened at $6.30 on Thursday. The firm’s fifty day simple moving average is $6.34 and its 200-day simple moving average is $6.20. Invesco Municipal Income Opportunities Trust has a fifty-two week low of $4.93 and a fifty-two week high of $6.70.

Invesco Municipal Income Opportunities Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 16th will be given a dividend of $0.0291 per share. The ex-dividend date is Wednesday, May 15th. This represents a $0.35 annualized dividend and a yield of 5.54%.

Invesco Municipal Income Opportunities Trust Company Profile

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.