Logan Stone Capital LLC Reduces Position in Invesco Quality Municipal Income Trust (NYSE:IQI)

Logan Stone Capital LLC cut its position in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) by 90.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 36,033 shares of the financial services provider’s stock after selling 347,683 shares during the period. Logan Stone Capital LLC’s holdings in Invesco Quality Municipal Income Trust were worth $355,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in IQI. Capital Investment Advisors LLC boosted its stake in shares of Invesco Quality Municipal Income Trust by 5.9% during the 4th quarter. Capital Investment Advisors LLC now owns 31,796 shares of the financial services provider’s stock worth $314,000 after purchasing an additional 1,785 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of Invesco Quality Municipal Income Trust by 23.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 43,904 shares of the financial services provider’s stock worth $433,000 after purchasing an additional 8,255 shares during the period. Avior Wealth Management LLC boosted its stake in shares of Invesco Quality Municipal Income Trust by 42.4% during the 4th quarter. Avior Wealth Management LLC now owns 19,618 shares of the financial services provider’s stock worth $193,000 after purchasing an additional 5,841 shares during the period. Fortitude Advisory Group L.L.C. purchased a new position in shares of Invesco Quality Municipal Income Trust during the 4th quarter worth about $101,000. Finally, Absolute Investment Advisers LLC purchased a new position in shares of Invesco Quality Municipal Income Trust during the 4th quarter worth about $628,000.

Invesco Quality Municipal Income Trust Trading Up 0.1%

Shares of IQI opened at $9.50 on Monday. Invesco Quality Municipal Income Trust has a 1-year low of $8.86 and a 1-year high of $10.53. The company has a 50-day moving average of $9.54 and a 200 day moving average of $9.81.

Invesco Quality Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be issued a dividend of $0.0631 per share. The ex-dividend date is Friday, May 16th. This represents a $0.76 dividend on an annualized basis and a yield of 7.97%.

Invesco Quality Municipal Income Trust Company Profile

Invesco Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.