Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Shares Purchased by Madison Park Capital Advisors LLC

Madison Park Capital Advisors LLC raised its holdings in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 31.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 41,492 shares of the financial services provider’s stock after acquiring an additional 10,028 shares during the quarter. Madison Park Capital Advisors LLC’s holdings in Invesco Advantage Municipal Income Trust II were worth $363,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VKI. FSA Wealth Management LLC acquired a new position in Invesco Advantage Municipal Income Trust II during the third quarter valued at approximately $28,000. Fortitude Family Office LLC lifted its position in shares of Invesco Advantage Municipal Income Trust II by 66.2% during the third quarter. Fortitude Family Office LLC now owns 5,816 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 2,316 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of Invesco Advantage Municipal Income Trust II during the third quarter worth $93,000. Larson Financial Group LLC lifted its position in shares of Invesco Advantage Municipal Income Trust II by 232.4% during the third quarter. Larson Financial Group LLC now owns 11,300 shares of the financial services provider’s stock worth $105,000 after purchasing an additional 7,900 shares in the last quarter. Finally, XTX Topco Ltd acquired a new position in shares of Invesco Advantage Municipal Income Trust II during the second quarter worth $106,000. 27.52% of the stock is owned by institutional investors and hedge funds.

Invesco Advantage Municipal Income Trust II Price Performance

NYSEAMERICAN VKI opened at $8.77 on Wednesday. Invesco Advantage Municipal Income Trust II has a 52 week low of $8.14 and a 52 week high of $9.42.

Invesco Advantage Municipal Income Trust II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be given a dividend of $0.0559 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.65%.

About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II 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.