M&R Capital Management Inc. Holds Stake in Invesco Value Municipal Income Trust (IIM)

M&R Capital Management Inc. continued to hold its position in shares of Invesco Value Municipal Income Trust (NYSE:IIM) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,859 shares of the investment management company’s stock at the end of the second quarter. M&R Capital Management Inc. owned about 0.07% of Invesco Value Municipal Income Trust worth $530,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Virtu KCG Holdings LLC acquired a new position in Invesco Value Municipal Income Trust in the 2nd quarter valued at approximately $174,000. Advisor Group Inc. raised its holdings in Invesco Value Municipal Income Trust by 12.2% in the 2nd quarter. Advisor Group Inc. now owns 11,986 shares of the investment management company’s stock valued at $181,000 after acquiring an additional 1,301 shares in the last quarter. Ackerman Capital Advisors LLC acquired a new position in Invesco Value Municipal Income Trust in the 2nd quarter valued at approximately $215,000. Ameriprise Financial Inc. raised its holdings in Invesco Value Municipal Income Trust by 6.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 20,497 shares of the investment management company’s stock valued at $311,000 after acquiring an additional 1,224 shares in the last quarter. Finally, Flagship Harbor Advisors LLC raised its holdings in Invesco Value Municipal Income Trust by 19.0% in the 2nd quarter. Flagship Harbor Advisors LLC now owns 21,186 shares of the investment management company’s stock valued at $320,000 after acquiring an additional 3,385 shares in the last quarter. 8.50% of the stock is owned by hedge funds and other institutional investors.

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Invesco Value Municipal Income Trust (IIM) traded up 0.0484% during trading on Tuesday, reaching $14.8872. The company’s stock had a trading volume of 63,361 shares. Invesco Value Municipal Income Trust has a 52-week low of $14.16 and a 52-week high of $15.96. The firm’s 50-day moving average is $15.11 and its 200-day moving average is $15.06.

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Friday, October 13th will be issued a dividend of $0.062 per share. This represents a $0.74 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date of this dividend is Thursday, October 12th.

About Invesco Value Municipal Income Trust

Invesco Value Municipal Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with current income, which is exempt from federal income tax. The Trust seeks to achieve its investment objective by investing, primarily in municipal securities that are rated investment-grade at the time of investment.

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Institutional Ownership by Quarter for Invesco Value Municipal Income Trust (NYSE:IIM)

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