Invesco Quality Municipal Income Trust (IQI) To Go Ex-Dividend on December 16th

Invesco Quality Municipal Income Trust (NYSE:IQI) announced a monthly dividend on Monday, December 1st. Investors of record on Tuesday, December 16th will be paid a dividend of 0.0631 per share by the financial services provider on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Tuesday, December 16th.

Invesco Quality Municipal Income Trust Trading Up 0.0%

NYSE:IQI traded up $0.00 during trading hours on Wednesday, reaching $10.05. 49,907 shares of the company were exchanged, compared to its average volume of 172,535. The business has a 50 day moving average of $9.97 and a 200 day moving average of $9.61. Invesco Quality Municipal Income Trust has a 1-year low of $8.86 and a 1-year high of $10.29.

Institutional Investors Weigh In On Invesco Quality Municipal Income Trust

Several institutional investors and hedge funds have recently bought and sold shares of IQI. LPL Financial LLC increased its holdings in Invesco Quality Municipal Income Trust by 17.3% in the 1st quarter. LPL Financial LLC now owns 592,689 shares of the financial services provider’s stock valued at $5,737,000 after buying an additional 87,535 shares during the period. XTX Topco Ltd acquired a new stake in shares of Invesco Quality Municipal Income Trust during the 1st quarter worth approximately $243,000. PNC Financial Services Group Inc. boosted its position in shares of Invesco Quality Municipal Income Trust by 30.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 76,287 shares of the financial services provider’s stock worth $738,000 after acquiring an additional 17,666 shares in the last quarter. AlphaCore Capital LLC bought a new position in Invesco Quality Municipal Income Trust in the first quarter valued at approximately $255,000. Finally, Nuveen LLC acquired a new position in Invesco Quality Municipal Income Trust during the first quarter valued at approximately $538,000.

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.