Vivaldi Capital Management LLC boosted its position in Invesco Value Municipal Income Trust (NYSE:IIM) by 28.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 287,164 shares of the investment management company’s stock after buying an additional 64,134 shares during the quarter. Invesco Value Municipal Income Trust makes up about 1.1% of Vivaldi Capital Management LLC’s investment portfolio, making the stock its 20th biggest holding. Vivaldi Capital Management LLC owned approximately 0.61% of Invesco Value Municipal Income Trust worth $4,371,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Family Management Corp increased its holdings in shares of Invesco Value Municipal Income Trust by 3.0% in the first quarter. Family Management Corp now owns 28,420 shares of the investment management company’s stock valued at $410,000 after purchasing an additional 832 shares in the last quarter. Boenning & Scattergood Inc. lifted its position in Invesco Value Municipal Income Trust by 9.3% during the 2nd quarter. Boenning & Scattergood Inc. now owns 18,850 shares of the investment management company’s stock worth $287,000 after acquiring an additional 1,600 shares during the period. Advisor Group Inc. lifted its position in Invesco Value Municipal Income Trust by 8.2% during the 2nd quarter. Advisor Group Inc. now owns 23,883 shares of the investment management company’s stock worth $364,000 after acquiring an additional 1,800 shares during the period. Creative Planning lifted its position in Invesco Value Municipal Income Trust by 11.3% during the 2nd quarter. Creative Planning now owns 34,593 shares of the investment management company’s stock worth $527,000 after acquiring an additional 3,503 shares during the period. Finally, Koshinski Asset Management Inc. lifted its position in Invesco Value Municipal Income Trust by 32.0% during the 2nd quarter. Koshinski Asset Management Inc. now owns 15,806 shares of the investment management company’s stock worth $241,000 after acquiring an additional 3,836 shares during the period. 8.52% of the stock is owned by hedge funds and other institutional investors.

In related news, Portfolio Manager Jack Connelly acquired 11,230 shares of the firm’s stock in a transaction on Wednesday, September 4th. The stock was bought at an average cost of $15.66 per share, with a total value of $175,861.80. 6.05% of the stock is currently owned by company insiders.

Invesco Value Municipal Income Trust stock traded up $0.03 during mid-day trading on Friday, reaching $15.14. 1,049 shares of the company were exchanged, compared to its average volume of 113,966. Invesco Value Municipal Income Trust has a twelve month low of $13.09 and a twelve month high of $15.70. The firm’s 50-day simple moving average is $15.45 and its two-hundred day simple moving average is $14.96.

The business also recently disclosed a — dividend, which will be paid on Monday, September 30th. Shareholders of record on Wednesday, September 18th will be given a dividend of $0.0588 per share. The ex-dividend date of this dividend is Tuesday, September 17th. This represents a yield of 4.5%.

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.

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Institutional Ownership by Quarter for Invesco Value Municipal Income Trust (NYSE:IIM)

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