Robinson Capital Management LLC maintained its stake in shares of Invesco Value Municipal Income Trust (NYSE:IIM) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 473,642 shares of the investment management company’s stock at the close of the second quarter. Invesco Value Municipal Income Trust comprises approximately 3.1% of Robinson Capital Management LLC’s holdings, making the stock its 3rd largest holding. Robinson Capital Management LLC owned approximately 1.01% of Invesco Value Municipal Income Trust worth $7,185,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Doliver Capital Advisors LP raised its position in Invesco Value Municipal Income Trust by 5.6% during the second quarter. Doliver Capital Advisors LP now owns 41,812 shares of the investment management company’s stock valued at $634,000 after acquiring an additional 2,200 shares in the last quarter. Virtu KCG Holdings LLC purchased a new position in Invesco Value Municipal Income Trust during the second quarter valued at approximately $174,000. Advisor Group Inc. raised its position in Invesco Value Municipal Income Trust by 12.2% during the second quarter. Advisor Group Inc. now owns 11,986 shares of the investment management company’s stock valued at $181,000 after acquiring an additional 1,301 shares in the last quarter. Van ECK Associates Corp raised its position in Invesco Value Municipal Income Trust by 14.3% during the second quarter. Van ECK Associates Corp now owns 129,109 shares of the investment management company’s stock valued at $1,959,000 after acquiring an additional 16,136 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in Invesco Value Municipal Income Trust by 6.4% during the second quarter. Ameriprise Financial Inc. now owns 20,497 shares of the investment management company’s stock valued at $311,000 after acquiring an additional 1,224 shares in the last quarter. Institutional investors own 8.50% of the company’s stock.

Shares of Invesco Value Municipal Income Trust (NYSE IIM) traded up 0.27% on Friday, reaching $14.96. The company had a trading volume of 101,936 shares. Invesco Value Municipal Income Trust has a 52 week low of $14.16 and a 52 week high of $16.55. The company’s 50-day moving average price is $15.24 and its 200 day moving average price is $15.00.

The business also recently disclosed a monthly dividend, which was paid on Friday, September 29th. Shareholders of record on Wednesday, September 13th were given a dividend of $0.062 per share. The ex-dividend date of this dividend was Tuesday, September 12th. This represents a $0.74 dividend on an annualized basis and a yield of 4.97%.

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About Invesco Value Municipal Income Trust

Invesco Value 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.

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

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