Sanctuary Advisors LLC Makes New Investment in Invesco Municipal Income Opportunities Trust (NYSE:OIA)

Sanctuary Advisors LLC bought a new position in shares of Invesco Municipal Income Opportunities Trust (NYSE:OIA) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 45,357 shares of the investment management company’s stock, valued at approximately $278,000.

Other hedge funds also recently bought and sold shares of the company. RFG Advisory LLC boosted its stake in shares of Invesco Municipal Income Opportunities Trust by 11.9% in the second quarter. RFG Advisory LLC now owns 26,586 shares of the investment management company’s stock valued at $169,000 after purchasing an additional 2,829 shares during the period. Keudell Morrison Wealth Management purchased a new position in shares of Invesco Municipal Income Opportunities Trust in the second quarter valued at approximately $72,000. Creekside Partners purchased a new position in shares of Invesco Municipal Income Opportunities Trust in the second quarter valued at approximately $95,000. Providence First Trust Co boosted its stake in shares of Invesco Municipal Income Opportunities Trust by 61.4% in the second quarter. Providence First Trust Co now owns 41,974 shares of the investment management company’s stock valued at $267,000 after purchasing an additional 15,974 shares during the period. Finally, Avantax Advisory Services Inc. purchased a new position in shares of Invesco Municipal Income Opportunities Trust in the first quarter valued at approximately $111,000. Hedge funds and other institutional investors own 12.57% of the company’s stock.

Invesco Municipal Income Opportunities Trust Price Performance

NYSE OIA opened at $6.80 on Friday. The firm has a 50 day simple moving average of $6.65 and a 200-day simple moving average of $6.43. Invesco Municipal Income Opportunities Trust has a one year low of $4.93 and a one year high of $6.99.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th will be paid a $0.0291 dividend. This represents a $0.35 annualized dividend and a dividend yield of 5.14%. The ex-dividend date is Wednesday, October 16th.

Invesco Municipal Income Opportunities Trust Profile

Invesco Municipal Income Opportunities 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.