Advisors Asset Management Inc. Increases Position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Advisors Asset Management Inc. boosted its position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 65.3% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 204,041 shares of the financial services provider’s stock after acquiring an additional 80,607 shares during the period. Advisors Asset Management Inc.’s holdings in Invesco Advantage Municipal Income Trust II were worth $1,900,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Moloney Securities Asset Management LLC purchased a new stake in Invesco Advantage Municipal Income Trust II in the 3rd quarter valued at about $116,000. Fortitude Family Office LLC increased its position in Invesco Advantage Municipal Income Trust II by 66.2% during the third quarter. Fortitude Family Office LLC now owns 5,816 shares of the financial services provider’s stock worth $54,000 after purchasing an additional 2,316 shares during the last quarter. Bayshore Asset Management LLC purchased a new position in Invesco Advantage Municipal Income Trust II during the third quarter worth approximately $447,000. Madison Park Capital Advisors LLC boosted its holdings in shares of Invesco Advantage Municipal Income Trust II by 19.0% in the 3rd quarter. Madison Park Capital Advisors LLC now owns 31,464 shares of the financial services provider’s stock valued at $293,000 after purchasing an additional 5,026 shares during the last quarter. Finally, Indiana Trust & Investment Management Co grew its stake in shares of Invesco Advantage Municipal Income Trust II by 1.2% during the 3rd quarter. Indiana Trust & Investment Management Co now owns 121,091 shares of the financial services provider’s stock valued at $1,127,000 after buying an additional 1,475 shares during the period. 27.52% of the stock is currently owned by institutional investors and hedge funds.

Invesco Advantage Municipal Income Trust II Stock Performance

Shares of VKI opened at $8.94 on Monday. Invesco Advantage Municipal Income Trust II has a twelve month low of $8.01 and a twelve month high of $9.42.

Invesco Advantage Municipal Income Trust II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a $0.0559 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.50%.

Invesco Advantage Municipal Income Trust II Company 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.