Corient Private Wealth LLC Grows Holdings in Invesco Value Municipal Income Trust (NYSE:IIM)

Corient Private Wealth LLC raised its position in Invesco Value Municipal Income Trust (NYSE:IIM) by 8.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,450 shares of the investment management company’s stock after purchasing an additional 1,000 shares during the period. Corient Private Wealth LLC’s holdings in Invesco Value Municipal Income Trust were worth $148,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Rareview Capital LLC increased its position in shares of Invesco Value Municipal Income Trust by 0.9% during the fourth quarter. Rareview Capital LLC now owns 150,852 shares of the investment management company’s stock valued at $1,943,000 after acquiring an additional 1,365 shares during the last quarter. D.A. Davidson & CO. grew its stake in Invesco Value Municipal Income Trust by 13.9% in the 4th quarter. D.A. Davidson & CO. now owns 12,258 shares of the investment management company’s stock valued at $146,000 after purchasing an additional 1,500 shares during the period. Allworth Financial LP increased its position in shares of Invesco Value Municipal Income Trust by 310.0% during the 4th quarter. Allworth Financial LP now owns 2,255 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 1,705 shares during the last quarter. Catalina Capital Group LLC increased its position in shares of Invesco Value Municipal Income Trust by 8.9% during the 4th quarter. Catalina Capital Group LLC now owns 22,641 shares of the investment management company’s stock valued at $269,000 after purchasing an additional 1,857 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of Invesco Value Municipal Income Trust by 29.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 8,855 shares of the investment management company’s stock worth $105,000 after purchasing an additional 2,000 shares during the period. Institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Price Performance

Shares of NYSE:IIM opened at $12.04 on Wednesday. Invesco Value Municipal Income Trust has a fifty-two week low of $11.28 and a fifty-two week high of $13.10. The company’s 50-day moving average is $12.20 and its 200 day moving average is $12.33.

Invesco Value Municipal Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a $0.0771 dividend. This represents a $0.93 dividend on an annualized basis and a yield of 7.68%. The ex-dividend date of this dividend is Wednesday, April 16th.

Invesco Value Municipal Income Trust Company Profile

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.