Farther Finance Advisors LLC Cuts Stake in Invesco Municipal Income Opportunities Trust (NYSE:OIA)

Farther Finance Advisors LLC trimmed its position in shares of Invesco Municipal Income Opportunities Trust (NYSE:OIA) by 89.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 9,375 shares of the investment management company’s stock after selling 82,057 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco Municipal Income Opportunities Trust were worth $55,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Cornerstone Wealth Management LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the 4th quarter valued at about $65,000. Virtu Financial LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the 3rd quarter valued at about $72,000. AlphaStar Capital Management LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the 4th quarter valued at about $83,000. Janney Montgomery Scott LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the 4th quarter valued at about $111,000. Finally, Horizon Kinetics Asset Management LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust during the 3rd quarter valued at about $137,000. 12.57% of the stock is owned by hedge funds and other institutional investors.

Invesco Municipal Income Opportunities Trust Stock Up 0.7 %

Shares of NYSE OIA opened at $6.06 on Monday. The firm’s 50-day moving average price is $6.09 and its 200-day moving average price is $6.36. Invesco Municipal Income Opportunities Trust has a 52-week low of $5.78 and a 52-week high of $6.99.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.0291 per share. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date of this dividend is Monday, March 17th.

Invesco Municipal Income Opportunities Trust Profile

Invesco Municipal Income Opportunities 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.