Wolverine Asset Management LLC Buys 34,095 Shares of Invesco Value Municipal Income Trust (NYSE:IIM)

Wolverine Asset Management LLC grew its stake in Invesco Value Municipal Income Trust (NYSE:IIM) by 2,253.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,608 shares of the investment management company’s stock after purchasing an additional 34,095 shares during the period. Wolverine Asset Management LLC’s holdings in Invesco Value Municipal Income Trust were worth $418,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of IIM. S.A. Mason LLC bought a new stake in shares of Invesco Value Municipal Income Trust in the 4th quarter valued at approximately $46,000. AdvisorNet Financial Inc grew its stake in shares of Invesco Value Municipal Income Trust by 46.4% in the 4th quarter. AdvisorNet Financial Inc now owns 7,365 shares of the investment management company’s stock valued at $86,000 after purchasing an additional 2,335 shares during the period. Ackerman Capital Advisors LLC bought a new stake in shares of Invesco Value Municipal Income Trust in the 4th quarter valued at approximately $124,000. Simon Quick Advisors LLC bought a new stake in shares of Invesco Value Municipal Income Trust in the 3rd quarter valued at approximately $172,000. Finally, Clough Capital Partners L P bought a new stake in shares of Invesco Value Municipal Income Trust in the 3rd quarter valued at approximately $175,000. 20.73% of the stock is currently owned by institutional investors.

Invesco Value Municipal Income Trust Stock Performance

NYSE IIM opened at $11.33 on Friday. Invesco Value Municipal Income Trust has a one year low of $9.94 and a one year high of $12.20. The stock’s 50 day simple moving average is $11.73 and its 200 day simple moving average is $11.42.

Invesco Value Municipal Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be given a dividend of $0.0496 per share. The ex-dividend date is Monday, April 15th. This represents a $0.60 dividend on an annualized basis and a yield of 5.26%.

Invesco Value Municipal Income Trust Company Profile

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.