Northwestern Mutual Wealth Management Co. Has $312,000 Stock Holdings in Invesco Quality Municipal Income Trust (NYSE:IQI)

Northwestern Mutual Wealth Management Co. lowered its position in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) by 3.4% in the second quarter, Holdings Channel reports. The firm owned 31,429 shares of the financial services provider’s stock after selling 1,105 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco Quality Municipal Income Trust were worth $312,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IQI. Quadrature Capital Ltd acquired a new position in shares of Invesco Quality Municipal Income Trust in the 4th quarter valued at $386,000. Nomura Holdings Inc. bought a new position in Invesco Quality Municipal Income Trust during the fourth quarter worth about $161,000. Financial Management Professionals Inc. acquired a new position in Invesco Quality Municipal Income Trust in the first quarter valued at about $48,000. Hennion & Walsh Asset Management Inc. increased its holdings in shares of Invesco Quality Municipal Income Trust by 3.5% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 545,578 shares of the financial services provider’s stock worth $5,281,000 after acquiring an additional 18,304 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Invesco Quality Municipal Income Trust by 40.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,115,833 shares of the financial services provider’s stock worth $10,801,000 after acquiring an additional 323,878 shares in the last quarter.

Invesco Quality Municipal Income Trust Trading Down 0.3 %

NYSE:IQI opened at $10.38 on Thursday. The business’s 50-day simple moving average is $10.28 and its 200-day simple moving average is $9.91. Invesco Quality Municipal Income Trust has a fifty-two week low of $8.05 and a fifty-two week high of $10.53.

Invesco Quality Municipal Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th will be paid a $0.0631 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 7.29%. The ex-dividend date of this dividend is Wednesday, October 16th.

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.