Wagner Wealth Management LLC Reduces Position in Invesco Value Municipal Income Trust (NYSE:IIM)

Wagner Wealth Management LLC reduced its position in Invesco Value Municipal Income Trust (NYSE:IIM) by 19.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 39,081 shares of the investment management company’s stock after selling 9,581 shares during the quarter. Wagner Wealth Management LLC’s holdings in Invesco Value Municipal Income Trust were worth $465,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealth Quarterback LLC boosted its stake in Invesco Value Municipal Income Trust by 1.7% during the third quarter. Wealth Quarterback LLC now owns 54,030 shares of the investment management company’s stock worth $696,000 after buying an additional 894 shares during the period. Larson Financial Group LLC raised its holdings in Invesco Value Municipal Income Trust by 233.3% during the third quarter. Larson Financial Group LLC now owns 2,000 shares of the investment management company’s stock worth $26,000 after purchasing an additional 1,400 shares during the last quarter. Catalina Capital Group LLC lifted its position in shares of Invesco Value Municipal Income Trust by 8.9% in the fourth quarter. Catalina Capital Group LLC now owns 22,641 shares of the investment management company’s stock valued at $269,000 after acquiring an additional 1,857 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of Invesco Value Municipal Income Trust by 1.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 132,159 shares of the investment management company’s stock worth $1,702,000 after acquiring an additional 2,120 shares during the period. Finally, Signaturefd LLC boosted its position in Invesco Value Municipal Income Trust by 1,156.7% during the 3rd quarter. Signaturefd LLC now owns 2,526 shares of the investment management company’s stock worth $33,000 after purchasing an additional 2,325 shares during the period. Hedge funds and other institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Performance

Invesco Value Municipal Income Trust stock opened at $12.31 on Monday. The firm’s 50-day moving average is $12.10 and its 200-day moving average is $12.45. Invesco Value Municipal Income Trust has a 1 year low of $11.28 and a 1 year high of $13.10.

Invesco Value Municipal Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be given a dividend of $0.0771 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.93 annualized dividend and a dividend yield of 7.52%.

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.