Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Major Shareholder Purchases $77,461.48 in Stock

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) major shareholder Of America Corp /De/ Bank bought 8,531 shares of Invesco Advantage Municipal Income Trust II stock in a transaction dated Friday, January 2nd. The stock was purchased at an average cost of $9.08 per share, with a total value of $77,461.48. Following the completion of the acquisition, the insider directly owned 8,531 shares in the company, valued at approximately $77,461.48. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Invesco Advantage Municipal Income Trust II Trading Up 0.2%

NYSEAMERICAN:VKI traded up $0.02 during mid-day trading on Monday, reaching $9.11. 67,612 shares of the stock were exchanged, compared to its average volume of 75,536. Invesco Advantage Municipal Income Trust II has a 1 year low of $7.89 and a 1 year high of $9.15. The company has a 50 day simple moving average of $8.91 and a 200-day simple moving average of $8.63.

Invesco Advantage Municipal Income Trust II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be given a dividend of $0.0559 per share. The ex-dividend date is Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Advisors Asset Management Inc. increased its stake in Invesco Advantage Municipal Income Trust II by 66.2% in the second quarter. Advisors Asset Management Inc. now owns 331,042 shares of the financial services provider’s stock valued at $2,771,000 after purchasing an additional 131,905 shares during the period. Hennion & Walsh Asset Management Inc. increased its position in Invesco Advantage Municipal Income Trust II by 26.8% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 602,604 shares of the financial services provider’s stock valued at $5,285,000 after acquiring an additional 127,491 shares during the period. Bank of America Corp DE raised its stake in Invesco Advantage Municipal Income Trust II by 17.1% during the 2nd quarter. Bank of America Corp DE now owns 703,205 shares of the financial services provider’s stock valued at $5,886,000 after acquiring an additional 102,596 shares during the last quarter. Alpine Global Management LLC purchased a new stake in Invesco Advantage Municipal Income Trust II during the 3rd quarter valued at approximately $395,000. Finally, North Ground Capital lifted its position in Invesco Advantage Municipal Income Trust II by 70.0% during the 3rd quarter. North Ground Capital now owns 85,500 shares of the financial services provider’s stock worth $750,000 after acquiring an additional 35,204 shares during the period. 27.52% of the stock is owned by hedge funds and other institutional investors.

About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN: VKI) is a closed-end management investment company that primarily seeks to provide shareholders with high after-tax total return. The fund pursues its objective by investing predominantly in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities and other political subdivisions.

The fund’s investment strategy emphasizes credit quality and income generation, with portfolio managers conducting in-depth credit analysis to identify opportunities across various sectors—such as transportation, education and healthcare—that offer attractive tax-exempt yields.