INVMUN INCOM $OIA Shares Purchased by Melfa Wealth Management Inc.

Melfa Wealth Management Inc. lifted its position in shares of INVMUN INCOM (NYSE:OIA) by 12.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,429 shares of the investment management company’s stock after acquiring an additional 9,750 shares during the quarter. Melfa Wealth Management Inc.’s holdings in INVMUN INCOM were worth $491,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Janney Montgomery Scott LLC lifted its stake in INVMUN INCOM by 44.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 56,208 shares of the investment management company’s stock worth $323,000 after purchasing an additional 17,332 shares in the last quarter. Royal Bank of Canada lifted its stake in INVMUN INCOM by 6.8% in the 1st quarter. Royal Bank of Canada now owns 50,167 shares of the investment management company’s stock worth $302,000 after purchasing an additional 3,210 shares in the last quarter. Landscape Capital Management L.L.C. lifted its stake in INVMUN INCOM by 488.9% in the 1st quarter. Landscape Capital Management L.L.C. now owns 141,424 shares of the investment management company’s stock worth $851,000 after purchasing an additional 117,410 shares in the last quarter. Entrewealth LLC acquired a new stake in shares of INVMUN INCOM during the 1st quarter worth approximately $65,000. Finally, Wolverine Asset Management LLC increased its holdings in shares of INVMUN INCOM by 38.3% during the 1st quarter. Wolverine Asset Management LLC now owns 92,836 shares of the investment management company’s stock worth $559,000 after buying an additional 25,716 shares during the last quarter. 12.57% of the stock is owned by hedge funds and other institutional investors.

INVMUN INCOM Stock Performance

Shares of NYSE OIA opened at $6.01 on Tuesday. INVMUN INCOM has a 1 year low of $5.43 and a 1 year high of $6.99. The company has a 50 day simple moving average of $5.76 and a 200-day simple moving average of $5.78.

INVMUN INCOM Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be given a $0.0291 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 5.8%.

INVMUN INCOM Profile

Invesco Municipal Income Opportunities 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.