40,501 Shares in Invesco Quality Municipal Income Trust (NYSE:IQI) Bought by Quadrature Capital Ltd

Quadrature Capital Ltd purchased a new stake in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 40,501 shares of the financial services provider’s stock, valued at approximately $386,000.

Other large investors have also added to or reduced their stakes in the company. Raymond James & Associates raised its position in Invesco Quality Municipal Income Trust by 10.5% during the fourth quarter. Raymond James & Associates now owns 757,540 shares of the financial services provider’s stock valued at $7,204,000 after purchasing an additional 71,988 shares in the last quarter. Davis Investment Partners LLC purchased a new stake in Invesco Quality Municipal Income Trust during the fourth quarter valued at about $346,000. Allspring Global Investments Holdings LLC raised its position in Invesco Quality Municipal Income Trust by 2,938.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 791,955 shares of the financial services provider’s stock valued at $7,531,000 after purchasing an additional 765,888 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Invesco Quality Municipal Income Trust by 10.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 135,117 shares of the financial services provider’s stock valued at $1,285,000 after purchasing an additional 12,439 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in Invesco Quality Municipal Income Trust during the fourth quarter valued at about $3,435,000.

Invesco Quality Municipal Income Trust Stock Performance

NYSE IQI opened at $9.90 on Tuesday. The stock’s 50-day simple moving average is $9.62 and its two-hundred day simple moving average is $9.56. Invesco Quality Municipal Income Trust has a twelve month low of $8.05 and a twelve month high of $9.97.

Invesco Quality Municipal Income Trust Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 18th will be issued a $0.0631 dividend. The ex-dividend date of this dividend is Tuesday, June 18th. This represents a $0.76 annualized dividend and a dividend yield of 7.65%. This is an increase from Invesco Quality Municipal Income Trust’s previous monthly dividend of $0.04.

Invesco Quality Municipal Income Trust Company 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.