Sanctuary Advisors LLC Invests $1.78 Million in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Sanctuary Advisors LLC bought a new stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 216,073 shares of the financial services provider’s stock, valued at approximately $1,778,000.

Other hedge funds have also bought and sold shares of the company. Financial Management Professionals Inc. acquired a new stake in Invesco Advantage Municipal Income Trust II during the 1st quarter valued at $28,000. Larson Financial Group LLC acquired a new stake in shares of Invesco Advantage Municipal Income Trust II during the 2nd quarter worth about $30,000. Matisse Capital bought a new stake in shares of Invesco Advantage Municipal Income Trust II during the 2nd quarter worth about $98,000. XTX Topco Ltd acquired a new position in Invesco Advantage Municipal Income Trust II in the 2nd quarter valued at about $106,000. Finally, Kingswood Wealth Advisors LLC grew its stake in Invesco Advantage Municipal Income Trust II by 51.0% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 32,130 shares of the financial services provider’s stock valued at $273,000 after buying an additional 10,850 shares during the last quarter. 27.52% of the stock is currently owned by institutional investors and hedge funds.

Invesco Advantage Municipal Income Trust II Trading Down 0.5 %

Shares of VKI stock opened at $9.12 on Wednesday. Invesco Advantage Municipal Income Trust II has a 12-month low of $7.07 and a 12-month high of $9.42.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 16th will be issued a dividend of $0.0559 per share. The ex-dividend date of this dividend is Wednesday, October 16th. This represents a $0.67 annualized dividend and a yield of 7.36%.

Invesco Advantage Municipal Income Trust II Company Profile

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.