Invesco Advantage Municipal Income Trust II (VKI) To Go Ex-Dividend on November 17th

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) declared a monthly dividend on Monday, November 3rd. Investors of record on Monday, November 17th will be given a dividend of 0.0559 per share by the financial services provider on Friday, November 28th. This represents a c) annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Monday, November 17th.

Invesco Advantage Municipal Income Trust II Trading Up 0.6%

Invesco Advantage Municipal Income Trust II stock opened at $8.98 on Wednesday. The stock has a fifty day moving average price of $8.72 and a 200 day moving average price of $8.44. Invesco Advantage Municipal Income Trust II has a 52 week low of $7.89 and a 52 week high of $9.29.

Institutional Investors Weigh In On Invesco Advantage Municipal Income Trust II

Hedge funds have recently modified their holdings of the stock. World Investment Advisors increased its position in Invesco Advantage Municipal Income Trust II by 47.1% during the first quarter. World Investment Advisors now owns 157,212 shares of the financial services provider’s stock worth $1,343,000 after purchasing an additional 50,350 shares during the last quarter. Formidable Asset Management LLC purchased a new stake in shares of Invesco Advantage Municipal Income Trust II during the 1st quarter valued at $109,000. Cetera Investment Advisers acquired a new stake in shares of Invesco Advantage Municipal Income Trust II during the 1st quarter worth $179,000. LPL Financial LLC increased its holdings in shares of Invesco Advantage Municipal Income Trust II by 5.5% during the 1st quarter. LPL Financial LLC now owns 395,656 shares of the financial services provider’s stock worth $3,379,000 after buying an additional 20,473 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Invesco Advantage Municipal Income Trust II in the 1st quarter worth $208,000. 27.52% of the stock is owned by institutional investors and hedge funds.

About Invesco Advantage Municipal Income Trust II

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.