33,835 Shares in Invesco Quality Municipal Income Trust (NYSE:IQI) Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new position in Invesco Quality Municipal Income Trust (NYSE:IQI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 33,835 shares of the financial services provider’s stock, valued at approximately $334,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Capital Investment Advisors LLC increased its stake in shares of Invesco Quality Municipal Income Trust by 5.9% in the fourth quarter. Capital Investment Advisors LLC now owns 31,796 shares of the financial services provider’s stock worth $314,000 after buying an additional 1,785 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in Invesco Quality Municipal Income Trust by 14.1% during the third quarter. Concurrent Investment Advisors LLC now owns 15,559 shares of the financial services provider’s stock valued at $162,000 after purchasing an additional 1,925 shares during the last quarter. US Bancorp DE bought a new stake in Invesco Quality Municipal Income Trust during the third quarter valued at $45,000. Centaurus Financial Inc. increased its stake in Invesco Quality Municipal Income Trust by 7.8% during the third quarter. Centaurus Financial Inc. now owns 63,161 shares of the financial services provider’s stock valued at $659,000 after purchasing an additional 4,586 shares during the last quarter. Finally, MML Investors Services LLC increased its stake in Invesco Quality Municipal Income Trust by 13.8% during the third quarter. MML Investors Services LLC now owns 45,443 shares of the financial services provider’s stock valued at $474,000 after purchasing an additional 5,495 shares during the last quarter.

Invesco Quality Municipal Income Trust Trading Down 0.5 %

IQI stock opened at $9.94 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 has a fifty day moving average price of $9.91 and a two-hundred day moving average price of $10.07.

Invesco Quality Municipal Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.0631 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.76 annualized dividend and a yield of 7.62%.

Invesco Quality Municipal Income Trust Company Profile

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.