Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Shares Bought by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its stake in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 65.3% in the third quarter, Holdings Channel reports. The institutional investor owned 204,041 shares of the financial services provider’s stock after buying an additional 80,607 shares during the quarter. Advisors Asset Management Inc.’s holdings in Invesco Advantage Municipal Income Trust II were worth $1,900,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VKI. Larson Financial Group LLC acquired a new position in Invesco Advantage Municipal Income Trust II during the 2nd quarter worth $30,000. Fortitude Family Office LLC grew its stake in Invesco Advantage Municipal Income Trust II by 66.2% in the third quarter. Fortitude Family Office LLC now owns 5,816 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 2,316 shares in the last quarter. Matisse Capital bought a new stake in Invesco Advantage Municipal Income Trust II in the second quarter valued at about $98,000. XTX Topco Ltd acquired a new stake in Invesco Advantage Municipal Income Trust II during the second quarter valued at approximately $106,000. Finally, Moloney Securities Asset Management LLC bought a new position in Invesco Advantage Municipal Income Trust II during the 3rd quarter worth approximately $116,000. Institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Up 0.1 %

Shares of NYSEAMERICAN VKI opened at $8.94 on Monday. Invesco Advantage Municipal Income Trust II has a twelve month low of $8.01 and a twelve month high of $9.42.

Invesco Advantage Municipal Income Trust II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.0559 per share. The ex-dividend date is Friday, November 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.50%.

Invesco Advantage Municipal Income Trust II Company Profile

Invesco Advantage Municipal Income Trust II 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.