Van ECK Associates Corp Has $2.88 Million Holdings in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Van ECK Associates Corp grew its position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 3.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 329,749 shares of the financial services provider’s stock after acquiring an additional 10,839 shares during the period. Van ECK Associates Corp’s holdings in Invesco Advantage Municipal Income Trust II were worth $2,882,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Fortitude Family Office LLC lifted its holdings in shares of Invesco Advantage Municipal Income Trust II by 66.2% during the third quarter. Fortitude Family Office LLC now owns 5,816 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 2,316 shares during the period. Moloney Securities Asset Management LLC bought a new position in Invesco Advantage Municipal Income Trust II during the 3rd quarter worth $116,000. Advisors Asset Management Inc. lifted its holdings in Invesco Advantage Municipal Income Trust II by 65.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 204,041 shares of the financial services provider’s stock worth $1,900,000 after buying an additional 80,607 shares during the period. Larson Financial Group LLC boosted its holdings in Invesco Advantage Municipal Income Trust II by 232.4% in the third quarter. Larson Financial Group LLC now owns 11,300 shares of the financial services provider’s stock valued at $105,000 after acquiring an additional 7,900 shares during the last quarter. Finally, FSA Wealth Management LLC bought a new stake in shares of Invesco Advantage Municipal Income Trust II in the 3rd quarter valued at $28,000. Institutional investors and hedge funds own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Down 0.3 %

Shares of Invesco Advantage Municipal Income Trust II stock opened at $8.96 on Friday. Invesco Advantage Municipal Income Trust II has a 1-year low of $8.14 and a 1-year high of $9.42.

Invesco Advantage Municipal Income Trust II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.0559 per share. This represents a $0.67 annualized dividend and a dividend yield of 7.49%. The ex-dividend date is Tuesday, February 18th.

About Invesco Advantage Municipal Income Trust II

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.