22,359 Shares in Invesco Quality Municipal Income Trust (IQI) Purchased by Deroy & Devereaux Private Investment Counsel Inc.

Deroy & Devereaux Private Investment Counsel Inc. acquired a new position in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) in the third quarter, HoldingsChannel.com reports. The firm acquired 22,359 shares of the financial services provider’s stock, valued at approximately $259,000.

Other institutional investors also recently bought and sold shares of the company. Baird Financial Group Inc. purchased a new stake in Invesco Quality Municipal Income Trust in the 2nd quarter valued at about $687,000. Mutual Advisors LLC purchased a new stake in Invesco Quality Municipal Income Trust in the 2nd quarter valued at about $132,000. Van ECK Associates Corp grew its holdings in Invesco Quality Municipal Income Trust by 5.2% in the 2nd quarter. Van ECK Associates Corp now owns 165,195 shares of the financial services provider’s stock valued at $1,969,000 after buying an additional 8,219 shares during the period. Royal Bank of Canada grew its holdings in Invesco Quality Municipal Income Trust by 3.3% in the 1st quarter. Royal Bank of Canada now owns 168,259 shares of the financial services provider’s stock valued at $2,001,000 after buying an additional 5,436 shares during the period. Finally, Laurion Capital Management LP grew its holdings in Invesco Quality Municipal Income Trust by 157.4% in the 2nd quarter. Laurion Capital Management LP now owns 111,867 shares of the financial services provider’s stock valued at $1,333,000 after buying an additional 68,404 shares during the period. Hedge funds and other institutional investors own 15.29% of the company’s stock.

IQI opened at $11.12 on Wednesday. Invesco Quality Municipal Income Trust has a 12 month low of $11.03 and a 12 month high of $12.59.



The firm also recently declared a monthly dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Tuesday, October 16th will be issued a $0.0574 dividend. This represents a $0.69 annualized dividend and a yield of 6.19%. The ex-dividend date of this dividend is Monday, October 15th.

In other Invesco Quality Municipal Income Trust news, insider Jack Connelly purchased 29,750 shares of the stock in a transaction on Wednesday, September 26th. The stock was bought at an average price of $11.62 per share, for a total transaction of $345,695.00. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

About Invesco Quality Municipal Income Trust

There is no company description available for Invesco Quality Municipal Income Trust.

Further Reading: Stock Symbols and CUSIP Explained

Want to see what other hedge funds are holding IQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Quality Municipal Income Trust (NYSE:IQI).

Institutional Ownership by Quarter for Invesco Quality Municipal Income Trust (NYSE:IQI)

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