12,514 Shares in Invvlu Mu Incm $IIM Acquired by River Street Advisors LLC

River Street Advisors LLC bought a new position in Invvlu Mu Incm (NYSE:IIM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 12,514 shares of the investment management company’s stock, valued at approximately $146,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. acquired a new stake in shares of Invvlu Mu Incm during the 1st quarter worth approximately $166,000. LexAurum Advisors LLC acquired a new stake in Invvlu Mu Incm in the first quarter worth $1,104,000. Nuveen Asset Management LLC increased its stake in Invvlu Mu Incm by 4.8% in the fourth quarter. Nuveen Asset Management LLC now owns 44,081 shares of the investment management company’s stock valued at $524,000 after purchasing an additional 2,000 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of Invvlu Mu Incm during the first quarter valued at about $150,000. Finally, Farther Finance Advisors LLC bought a new position in shares of Invvlu Mu Incm during the 1st quarter worth about $28,000. 20.73% of the stock is owned by institutional investors and hedge funds.

Invvlu Mu Incm Stock Performance

Shares of IIM opened at $12.50 on Friday. Invvlu Mu Incm has a one year low of $10.96 and a one year high of $12.85. The stock has a 50-day moving average of $11.93 and a 200-day moving average of $11.77.

Invvlu Mu Incm Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Thursday, October 16th will be issued a dividend of $0.0771 per share. The ex-dividend date is Thursday, October 16th. This represents a c) annualized dividend and a dividend yield of 7.4%.

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.