Stifel Financial Corp Has $1.53 Million Holdings in Invesco Quality Municipal Income Trust (NYSE:IQI)

Stifel Financial Corp trimmed its holdings in Invesco Quality Municipal Income Trust (NYSE:IQI) by 2.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 146,267 shares of the financial services provider’s stock after selling 3,331 shares during the period. Stifel Financial Corp’s holdings in Invesco Quality Municipal Income Trust were worth $1,527,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Raymond James & Associates raised its stake in Invesco Quality Municipal Income Trust by 3.4% in the second quarter. Raymond James & Associates now owns 761,804 shares of the financial services provider’s stock valued at $7,557,000 after purchasing an additional 24,912 shares in the last quarter. Atomi Financial Group Inc. increased its holdings in Invesco Quality Municipal Income Trust by 5.2% in the 2nd quarter. Atomi Financial Group Inc. now owns 21,123 shares of the financial services provider’s stock valued at $210,000 after buying an additional 1,038 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Invesco Quality Municipal Income Trust in the 2nd quarter valued at approximately $35,000. Rothschild Investment LLC acquired a new position in shares of Invesco Quality Municipal Income Trust in the 2nd quarter valued at approximately $1,803,000. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Invesco Quality Municipal Income Trust by 1.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 79,552 shares of the financial services provider’s stock worth $789,000 after acquiring an additional 1,045 shares during the period.

Invesco Quality Municipal Income Trust Stock Performance

NYSE IQI opened at $9.64 on Friday. Invesco Quality Municipal Income Trust has a 1 year low of $9.23 and a 1 year high of $10.53. The firm’s 50 day simple moving average is $10.08 and its 200 day simple moving average is $10.12.

Invesco Quality Municipal Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 17th will be paid a $0.0631 dividend. The ex-dividend date is Tuesday, December 17th. This represents a $0.76 annualized dividend and a dividend yield of 7.85%.

About Invesco Quality Municipal Income Trust

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.