IFP Advisors Inc Increases Stake in Invesco Advantage Municipal Income Tr II (VKI)
IFP Advisors Inc boosted its position in Invesco Advantage Municipal Income Tr II (NYSE:VKI) by 2.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,705 shares of the financial services provider’s stock after buying an additional 583 shares during the period. IFP Advisors Inc’s holdings in Invesco Advantage Municipal Income Tr II were worth $274,000 as of its most recent filing with the SEC.
Separately, Harbour Capital Advisors LLC increased its stake in Invesco Advantage Municipal Income Tr II by 1,055.0% in the second quarter. Harbour Capital Advisors LLC now owns 11,550 shares of the financial services provider’s stock worth $1,000,000 after buying an additional 10,550 shares in the last quarter.
Shares of Invesco Advantage Municipal Income Tr II (NYSE:VKI) opened at 11.71 on Friday. The stock has a 50 day moving average price of $11.64 and a 200-day moving average price of $11.39. Invesco Advantage Municipal Income Tr II has a 1-year low of $10.68 and a 1-year high of $13.32.
The firm also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Friday, August 11th will be given a dividend of $0.0547 per share. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $0.66 dividend on an annualized basis and a yield of 5.61%.
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About Invesco Advantage Municipal Income Tr II
Invesco Advantage Municipal Income Trust II (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. Under normal market conditions, the Trust focuses on investing in municipal securities rated investment grade at the time of investment.
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