Gridiron Partners LLC Boosts Holdings in Invvlu Mu Incm $IIM

Gridiron Partners LLC raised its position in Invvlu Mu Incm (NYSE:IIM) by 424.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 150,650 shares of the investment management company’s stock after acquiring an additional 121,909 shares during the period. Invvlu Mu Incm makes up approximately 0.1% of Gridiron Partners LLC’s holdings, making the stock its 25th biggest holding. Gridiron Partners LLC owned 0.32% of Invvlu Mu Incm worth $1,891,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Curio Wealth LLC lifted its holdings in shares of Invvlu Mu Incm by 115,000.0% during the 2nd quarter. Curio Wealth LLC now owns 2,302 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 2,300 shares during the last quarter. Hilltop National Bank acquired a new position in Invvlu Mu Incm during the 2nd quarter valued at about $49,000. Atlantic Union Bankshares Corp purchased a new stake in Invvlu Mu Incm in the second quarter valued at about $50,000. Allworth Financial LP raised its stake in Invvlu Mu Incm by 132.6% in the second quarter. Allworth Financial LP now owns 5,323 shares of the investment management company’s stock valued at $62,000 after buying an additional 3,035 shares during the last quarter. Finally, XTX Topco Ltd acquired a new stake in Invvlu Mu Incm in the second quarter worth about $134,000. 20.73% of the stock is owned by institutional investors and hedge funds.

Invvlu Mu Incm Stock Performance

IIM opened at $12.27 on Tuesday. Invvlu Mu Incm has a 52-week low of $10.96 and a 52-week high of $12.77. The firm’s 50-day moving average price is $12.50 and its 200-day moving average price is $12.06.

Invvlu Mu Incm Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 16th will be paid a dividend of $0.0771 per share. The ex-dividend date is Tuesday, December 16th. This represents a c) dividend on an annualized basis and a yield of 7.5%.

About Invvlu Mu Incm

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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.