D.A. Davidson & CO. Buys 1,500 Shares of Invesco Value Municipal Income Trust (NYSE:IIM)

D.A. Davidson & CO. lifted its position in Invesco Value Municipal Income Trust (NYSE:IIM) by 13.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,258 shares of the investment management company’s stock after acquiring an additional 1,500 shares during the quarter. D.A. Davidson & CO.’s holdings in Invesco Value Municipal Income Trust were worth $146,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Van ECK Associates Corp boosted its holdings in Invesco Value Municipal Income Trust by 28.3% during the fourth quarter. Van ECK Associates Corp now owns 351,719 shares of the investment management company’s stock worth $4,182,000 after purchasing an additional 77,513 shares during the last quarter. Rockefeller Capital Management L.P. lifted its position 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 buying an additional 2,120 shares in the last quarter. Stifel Financial Corp lifted its position in shares of Invesco Value Municipal Income Trust by 43.2% during the 3rd quarter. Stifel Financial Corp now owns 70,539 shares of the investment management company’s stock worth $909,000 after buying an additional 21,271 shares in the last quarter. Wealth Quarterback LLC boosted its stake in shares of Invesco Value Municipal Income Trust by 1.7% in the 3rd 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 last quarter. Finally, Catalina Capital Group LLC grew its holdings 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. Institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Down 0.1 %

Shares of IIM opened at $12.42 on Friday. The stock has a 50 day moving average of $12.08 and a 200 day moving average of $12.43. Invesco Value Municipal Income Trust has a 12 month low of $11.28 and a 12 month high of $13.10.

Invesco Value Municipal Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.0771 per share. This represents a $0.93 annualized dividend and a dividend yield of 7.45%. The ex-dividend date of this dividend is Tuesday, February 18th.

About Invesco Value Municipal Income Trust

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.