CoreFirst Bank & Trust Takes $78,000 Position in Invesco Value Municipal Income Trust (NYSE:IIM)

CoreFirst Bank & Trust purchased a new stake in Invesco Value Municipal Income Trust (NYSE:IIM) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,600 shares of the investment management company’s stock, valued at approximately $78,000.

Several other large investors have also made changes to their positions in IIM. Raymond James Financial Inc. bought a new stake in Invesco Value Municipal Income Trust in the fourth quarter worth $2,310,000. LPL Financial LLC raised its holdings in Invesco Value Municipal Income Trust by 77.0% during the fourth quarter. LPL Financial LLC now owns 247,303 shares of the investment management company’s stock valued at $2,940,000 after buying an additional 107,583 shares in the last quarter. Robinson Capital Management LLC lifted its position in shares of Invesco Value Municipal Income Trust by 19.4% in the fourth quarter. Robinson Capital Management LLC now owns 642,440 shares of the investment management company’s stock worth $7,639,000 after buying an additional 104,296 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Invesco Value Municipal Income Trust by 28.3% during the 4th quarter. Van ECK Associates Corp now owns 351,719 shares of the investment management company’s stock worth $4,182,000 after acquiring an additional 77,513 shares in the last quarter. Finally, Whipplewood Advisors LLC acquired a new position in shares of Invesco Value Municipal Income Trust during the 4th quarter valued at about $899,000. Institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Performance

IIM opened at $12.07 on Wednesday. The business has a 50 day moving average price of $12.20 and a 200 day moving average price of $12.36. Invesco Value Municipal Income Trust has a twelve month low of $11.28 and a twelve month high of $13.10.

Invesco Value Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a $0.0771 dividend. This represents a $0.93 dividend on an annualized basis and a dividend yield of 7.67%. The ex-dividend date is Wednesday, April 16th.

Invesco Value Municipal Income Trust 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.