Hennion & Walsh Asset Management Inc. Sells 333,378 Shares of Invesco Advantage Municipal Income Trust II $VKI

Hennion & Walsh Asset Management Inc. lowered its stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 55.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 269,226 shares of the financial services provider’s stock after selling 333,378 shares during the quarter. Hennion & Walsh Asset Management Inc. owned 0.61% of Invesco Advantage Municipal Income Trust II worth $2,455,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VKI. CoreCap Advisors LLC purchased a new position in Invesco Advantage Municipal Income Trust II during the 4th quarter valued at about $28,000. Moloney Securities Asset Management LLC lifted its holdings in Invesco Advantage Municipal Income Trust II by 10.8% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 13,910 shares of the financial services provider’s stock worth $122,000 after buying an additional 1,355 shares during the period. TPG Advisors LLC grew its position in shares of Invesco Advantage Municipal Income Trust II by 11.2% in the 3rd quarter. TPG Advisors LLC now owns 14,219 shares of the financial services provider’s stock worth $125,000 after buying an additional 1,437 shares during the last quarter. Creative Planning grew its position in shares of Invesco Advantage Municipal Income Trust II by 35.4% in the 3rd quarter. Creative Planning now owns 15,792 shares of the financial services provider’s stock worth $138,000 after buying an additional 4,132 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of Invesco Advantage Municipal Income Trust II by 41.2% during the second quarter. Geneos Wealth Management Inc. now owns 18,379 shares of the financial services provider’s stock valued at $154,000 after buying an additional 5,362 shares during the period. Institutional investors own 27.52% of the company’s stock.

Insider Buying and Selling

In other Invesco Advantage Municipal Income Trust II news, major shareholder Of America Corp /De/ Bank bought 8,531 shares of the stock in a transaction dated Friday, January 2nd. The stock was purchased at an average cost of $9.08 per share, for a total transaction of $77,461.48. Following the completion of the acquisition, the insider owned 8,531 shares of the company’s stock, valued at approximately $77,461.48. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 6.45% of the stock is owned by insiders.

Invesco Advantage Municipal Income Trust II Stock Performance

Shares of NYSEAMERICAN VKI opened at $8.66 on Wednesday. Invesco Advantage Municipal Income Trust II has a 12 month low of $7.89 and a 12 month high of $9.60. The firm has a fifty day simple moving average of $9.10 and a two-hundred day simple moving average of $8.97.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a dividend of $0.0559 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a c) annualized dividend and a yield of 7.7%.

Invesco Advantage Municipal Income Trust II Profile

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN: VKI) is a closed-end management investment company that primarily seeks to provide shareholders with high after-tax total return. The fund pursues its objective by investing predominantly in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities and other political subdivisions.

The fund’s investment strategy emphasizes credit quality and income generation, with portfolio managers conducting in-depth credit analysis to identify opportunities across various sectors—such as transportation, education and healthcare—that offer attractive tax-exempt yields.