Invvlu Mu Incm $IIM Shares Sold by Citizens National Bank Trust Department

Citizens National Bank Trust Department lowered its position in shares of Invvlu Mu Incm (NYSE:IIM) by 13.1% during the second quarter, Holdings Channel reports. The firm owned 13,300 shares of the investment management company’s stock after selling 2,000 shares during the quarter. Citizens National Bank Trust Department’s holdings in Invvlu Mu Incm were worth $155,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC acquired a new stake in shares of Invvlu Mu Incm during the first quarter worth about $28,000. Hilltop National Bank acquired a new position in Invvlu Mu Incm in the 2nd quarter valued at about $49,000. River Street Advisors LLC acquired a new position in Invvlu Mu Incm in the 2nd quarter valued at about $146,000. Concurrent Investment Advisors LLC acquired a new position in Invvlu Mu Incm in the 1st quarter valued at about $150,000. Finally, Oppenheimer & Co. Inc. acquired a new position in Invvlu Mu Incm in the 1st quarter valued at about $166,000. Institutional investors and hedge funds own 20.73% of the company’s stock.

Invvlu Mu Incm Stock Performance

Shares of IIM stock opened at $12.52 on Wednesday. Invvlu Mu Incm has a 52-week low of $10.96 and a 52-week high of $12.77. The stock’s 50-day moving average price is $11.97 and its 200 day moving average price is $11.77.

Invvlu Mu Incm Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Thursday, October 16th will be given a $0.0771 dividend. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Thursday, October 16th.

Invvlu Mu Incm Company Profile

Invesco Value Municipal Income Trust 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.