Raymond James Financial Services Advisors Inc. increased its stake in Invesco Value Municipal Income Trust (NYSE:IIM) by 17.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 121,092 shares of the investment management company’s stock after purchasing an additional 18,051 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco Value Municipal Income Trust were worth $1,812,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Ameriprise Financial Inc. raised its holdings in shares of Invesco Value Municipal Income Trust by 6.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 20,497 shares of the investment management company’s stock worth $311,000 after purchasing an additional 1,224 shares during the period. Advisor Group Inc. raised its holdings in shares of Invesco Value Municipal Income Trust by 12.2% in the 2nd quarter. Advisor Group Inc. now owns 11,986 shares of the investment management company’s stock worth $181,000 after purchasing an additional 1,301 shares during the period. Doliver Capital Advisors LP raised its holdings in shares of Invesco Value Municipal Income Trust by 5.6% in the 2nd quarter. Doliver Capital Advisors LP now owns 41,812 shares of the investment management company’s stock worth $634,000 after purchasing an additional 2,200 shares during the period. Sigma Planning Corp raised its holdings in shares of Invesco Value Municipal Income Trust by 10.3% in the 2nd quarter. Sigma Planning Corp now owns 31,240 shares of the investment management company’s stock worth $474,000 after purchasing an additional 2,925 shares during the period. Finally, Flagship Harbor Advisors LLC raised its holdings in shares of Invesco Value Municipal Income Trust by 19.0% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 21,186 shares of the investment management company’s stock worth $320,000 after purchasing an additional 3,385 shares during the period. 11.29% of the stock is currently owned by institutional investors.

Shares of Invesco Value Municipal Income Trust (NYSE IIM) remained flat at $$14.71 during mid-day trading on Tuesday. 211,500 shares of the company’s stock were exchanged, compared to its average volume of 135,988. Invesco Value Municipal Income Trust has a twelve month low of $14.16 and a twelve month high of $15.47.

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.062 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.74 dividend on an annualized basis and a yield of 5.06%.

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Invesco Value Municipal Income Trust Company Profile

Invesco Value Municipal Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with current income, which is exempt from federal income tax. The Trust seeks to achieve its investment objective by investing, primarily in municipal securities that are rated investment-grade at the time of investment.

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Institutional Ownership by Quarter for Invesco Value Municipal Income Trust (NYSE:IIM)

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