Van ECK Associates Corp Has $3.85 Million Position in Invesco Quality Municipal Income Trust (NYSE:IQI)

Van ECK Associates Corp cut its holdings in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) by 15.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 387,632 shares of the financial services provider’s stock after selling 71,581 shares during the quarter. Van ECK Associates Corp’s holdings in Invesco Quality Municipal Income Trust were worth $3,845,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Raymond James & Associates increased its holdings in shares of Invesco Quality Municipal Income Trust by 3.4% during the 2nd quarter. Raymond James & Associates now owns 761,804 shares of the financial services provider’s stock worth $7,557,000 after acquiring an additional 24,912 shares during the last quarter. International Assets Investment Management LLC bought a new stake in Invesco Quality Municipal Income Trust in the 4th quarter valued at $3,435,000. Weiss Asset Management LP acquired a new position in Invesco Quality Municipal Income Trust in the 4th quarter valued at $620,000. Robinson Capital Management LLC grew its holdings in Invesco Quality Municipal Income Trust by 94.5% in the 4th quarter. Robinson Capital Management LLC now owns 367,547 shares of the financial services provider’s stock valued at $3,499,000 after buying an additional 178,529 shares in the last quarter. Finally, Atomi Financial Group Inc. grew its holdings in Invesco Quality Municipal Income Trust by 60.0% in the 1st quarter. Atomi Financial Group Inc. now owns 20,085 shares of the financial services provider’s stock valued at $194,000 after buying an additional 7,532 shares in the last quarter.

Invesco Quality Municipal Income Trust Stock Up 0.3 %

Shares of NYSE IQI opened at $10.20 on Thursday. The stock’s fifty day moving average price is $10.11 and its two-hundred day moving average price is $9.78. Invesco Quality Municipal Income Trust has a one year low of $8.05 and a one year high of $10.33.

Invesco Quality Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th will be issued a $0.0631 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 7.42%. The ex-dividend date is Tuesday, September 17th.

Invesco Quality Municipal Income Trust 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.