Cetera Investment Advisers Grows Stock Holdings in Invesco Quality Municipal Income Trust (NYSE:IQI)

Cetera Investment Advisers grew its holdings in Invesco Quality Municipal Income Trust (NYSE:IQI) by 1.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,407 shares of the financial services provider’s stock after purchasing an additional 1,827 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco Quality Municipal Income Trust were worth $1,284,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Larson Financial Group LLC purchased a new position in Invesco Quality Municipal Income Trust in the 2nd quarter worth approximately $33,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco Quality Municipal Income Trust during the 2nd quarter worth approximately $35,000. Financial Management Professionals Inc. acquired a new stake in shares of Invesco Quality Municipal Income Trust during the 1st quarter worth approximately $48,000. Oppenheimer & Co. Inc. acquired a new stake in shares of Invesco Quality Municipal Income Trust during the 1st quarter worth approximately $102,000. Finally, Nomura Holdings Inc. acquired a new stake in shares of Invesco Quality Municipal Income Trust during the 4th quarter worth approximately $161,000.

Invesco Quality Municipal Income Trust Stock Performance

Shares of NYSE IQI opened at $10.34 on Thursday. The company has a 50 day simple moving average of $10.30 and a 200-day simple moving average of $9.94. Invesco Quality Municipal Income Trust has a 1 year low of $8.05 and a 1 year high of $10.53.

Invesco Quality Municipal Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th will be issued a dividend of $0.0631 per share. The ex-dividend date is Wednesday, October 16th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.32%.

About Invesco Quality Municipal Income Trust

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.