Whipplewood Advisors LLC Acquires Shares of 75,622 Invesco Value Municipal Income Trust (NYSE:IIM)

Whipplewood Advisors LLC bought a new position in shares of Invesco Value Municipal Income Trust (NYSE:IIM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 75,622 shares of the investment management company’s stock, valued at approximately $899,000.

A number of other large investors have also modified their holdings of IIM. Larson Financial Group LLC grew its holdings in Invesco Value Municipal Income Trust by 233.3% during the third quarter. Larson Financial Group LLC now owns 2,000 shares of the investment management company’s stock worth $26,000 after acquiring an additional 1,400 shares during the period. Allworth Financial LP boosted its position in shares of Invesco Value Municipal Income Trust by 310.0% during the 4th quarter. Allworth Financial LP now owns 2,255 shares of the investment management company’s stock worth $27,000 after purchasing an additional 1,705 shares in the last quarter. Signaturefd LLC grew its stake in shares of Invesco Value Municipal Income Trust by 1,156.7% during the 3rd quarter. Signaturefd LLC now owns 2,526 shares of the investment management company’s stock worth $33,000 after purchasing an additional 2,325 shares during the period. Avior Wealth Management LLC purchased a new position in shares of Invesco Value Municipal Income Trust in the 4th quarter valued at about $54,000. Finally, D.A. Davidson & CO. increased its holdings in Invesco Value Municipal Income Trust by 13.9% in the fourth quarter. D.A. Davidson & CO. now owns 12,258 shares of the investment management company’s stock valued at $146,000 after buying an additional 1,500 shares in the last quarter. 20.73% of the stock is owned by hedge funds and other institutional investors.

Invesco Value Municipal Income Trust Stock Up 0.4 %

Shares of IIM stock opened at $12.44 on Thursday. Invesco Value Municipal Income Trust has a 1 year low of $11.28 and a 1 year high of $13.10. The stock has a fifty day moving average price of $12.07 and a 200 day moving average price of $12.43.

Invesco Value Municipal Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a $0.0771 dividend. This represents a $0.93 annualized dividend and a dividend yield of 7.44%. The ex-dividend date 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.