Wedbush Securities Inc. Raises Stock Position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)


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Wedbush Securities Inc. grew its holdings in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 21.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 67,545 shares of the financial services provider’s stock after acquiring an additional 12,145 shares during the period. Wedbush Securities Inc.’s holdings in Invesco Advantage Municipal Income Trust II were worth $800,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Janney Montgomery Scott LLC purchased a new position in shares of Invesco Advantage Municipal Income Trust II in the 4th quarter worth $146,000. B. Riley Wealth Management Inc. bought a new stake in shares of Invesco Advantage Municipal Income Trust II in the 4th quarter worth about $148,000. IFG Advisors LLC lifted its holdings in shares of Invesco Advantage Municipal Income Trust II by 128.6% in the 1st quarter. IFG Advisors LLC now owns 32,000 shares of the financial services provider’s stock worth $379,000 after acquiring an additional 18,000 shares during the last quarter. 6 Meridian lifted its holdings in shares of Invesco Advantage Municipal Income Trust II by 2.4% in the 4th quarter. 6 Meridian now owns 46,415 shares of the financial services provider’s stock worth $527,000 after acquiring an additional 1,106 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Invesco Advantage Municipal Income Trust II by 519.3% in the 4th quarter. Kestra Advisory Services LLC now owns 114,684 shares of the financial services provider’s stock worth $1,290,000 after acquiring an additional 96,166 shares during the last quarter.

Invesco Advantage Municipal Income Trust II stock opened at $12.20 on Tuesday. The business has a 50-day moving average price of $11.25. Invesco Advantage Municipal Income Trust II has a 12-month low of $9.90 and a 12-month high of $12.42.

The company also recently announced a monthly dividend, which was paid on Friday, April 30th. Stockholders of record on Wednesday, April 14th were issued a $0.0485 dividend. The ex-dividend date was Tuesday, April 13th. This represents a $0.58 annualized dividend and a dividend yield of 4.77%.

Invesco Advantage Municipal Income Trust II Profile

Invesco Advantage Municipal Income Trust II 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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Want to see what other hedge funds are holding VKI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI).

Institutional Ownership by Quarter for Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

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