Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Shares Acquired by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC raised its stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 51.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,130 shares of the financial services provider’s stock after purchasing an additional 10,850 shares during the period. Kingswood Wealth Advisors LLC owned 0.07% of Invesco Advantage Municipal Income Trust II worth $273,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Fortitude Family Office LLC purchased a new position in shares of Invesco Advantage Municipal Income Trust II in the 4th quarter valued at approximately $62,000. Aristides Capital LLC purchased a new position in Invesco Advantage Municipal Income Trust II in the fourth quarter valued at about $127,000. Weiss Asset Management LP purchased a new stake in shares of Invesco Advantage Municipal Income Trust II during the 4th quarter worth approximately $246,000. Fiera Capital Corp grew its holdings in shares of Invesco Advantage Municipal Income Trust II by 8.6% in the 4th quarter. Fiera Capital Corp now owns 735,159 shares of the financial services provider’s stock worth $6,212,000 after acquiring an additional 58,150 shares during the period. Finally, Karpus Management Inc. increased its stake in Invesco Advantage Municipal Income Trust II by 18.5% in the 4th quarter. Karpus Management Inc. now owns 942,137 shares of the financial services provider’s stock valued at $7,961,000 after purchasing an additional 147,111 shares in the last quarter. 27.52% of the stock is currently owned by institutional investors and hedge funds.

Invesco Advantage Municipal Income Trust II Stock Performance

Shares of VKI stock opened at $8.89 on Friday. Invesco Advantage Municipal Income Trust II has a twelve month low of $7.07 and a twelve month high of $8.94.

Invesco Advantage Municipal Income Trust II Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 28th. Investors of record on Tuesday, June 18th were given a dividend of $0.0559 per share. The ex-dividend date of this dividend was Tuesday, June 18th. This represents a $0.67 dividend on an annualized basis and a yield of 7.55%. This is a positive change from Invesco Advantage Municipal Income Trust II’s previous monthly dividend of $0.03.

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.