Cambridge Investment Research Advisors Inc. raised its holdings in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) by 8.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,244 shares of the financial services provider’s stock after buying an additional 6,297 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.16% of Invesco Quality Municipal Income Trust worth $1,091,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Advisor Group Inc. grew its position in Invesco Quality Municipal Income Trust by 24.8% during the second quarter. Advisor Group Inc. now owns 8,542 shares of the financial services provider’s stock worth $109,000 after buying an additional 1,700 shares in the last quarter. Intl Fcstone Inc. purchased a new position in Invesco Quality Municipal Income Trust during the second quarter worth about $137,000. Bremer Trust National Association purchased a new position in Invesco Quality Municipal Income Trust during the third quarter worth about $148,000. Wedbush Securities Inc. boosted its holdings in shares of Invesco Quality Municipal Income Trust by 17.5% in the 2nd quarter. Wedbush Securities Inc. now owns 13,448 shares of the financial services provider’s stock worth $171,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Bank of the Ozarks purchased a new position in shares of Invesco Quality Municipal Income Trust in the 3rd quarter worth about $192,000. Institutional investors and hedge funds own 11.53% of the company’s stock.

Invesco Quality Municipal Income Trust (NYSE:IQI) opened at $12.36 on Thursday. Invesco Quality Municipal Income Trust has a fifty-two week low of $12.01 and a fifty-two week high of $13.04.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be issued a $0.0546 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date is Tuesday, November 14th.

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About Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with current income, which is exempt from federal income tax. The Trust seeks to achieve its investment objective by investing primarily in municipal securities that are rated investment grade at the time of investment.

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Institutional Ownership by Quarter for Invesco Quality Municipal Income Trust (NYSE:IQI)

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