Financial Engines Advisors L.L.C. Takes $101,000 Position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Financial Engines Advisors L.L.C. purchased a new stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKIGet Rating) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 10,715 shares of the financial services provider’s stock, valued at approximately $101,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Bank of America Corp DE boosted its holdings in shares of Invesco Advantage Municipal Income Trust II by 3.0% in the 1st quarter. Bank of America Corp DE now owns 1,529,880 shares of the financial services provider’s stock valued at $16,003,000 after buying an additional 45,265 shares during the period. Guggenheim Capital LLC lifted its position in Invesco Advantage Municipal Income Trust II by 7.0% in the 1st quarter. Guggenheim Capital LLC now owns 1,272,016 shares of the financial services provider’s stock valued at $13,306,000 after purchasing an additional 82,765 shares during the last quarter. UBS Group AG lifted its position in Invesco Advantage Municipal Income Trust II by 24.5% in the 2nd quarter. UBS Group AG now owns 822,289 shares of the financial services provider’s stock valued at $7,762,000 after purchasing an additional 162,027 shares during the last quarter. Fiera Capital Corp lifted its position in Invesco Advantage Municipal Income Trust II by 5.0% in the 2nd quarter. Fiera Capital Corp now owns 382,669 shares of the financial services provider’s stock valued at $3,612,000 after purchasing an additional 18,141 shares during the last quarter. Finally, Van ECK Associates Corp lifted its position in Invesco Advantage Municipal Income Trust II by 4.9% in the 2nd quarter. Van ECK Associates Corp now owns 197,719 shares of the financial services provider’s stock valued at $1,866,000 after purchasing an additional 9,229 shares during the last quarter. 16.07% of the stock is owned by institutional investors and hedge funds.

Invesco Advantage Municipal Income Trust II Trading Up 1.3 %

Shares of NYSEAMERICAN:VKI opened at $8.83 on Thursday. Invesco Advantage Municipal Income Trust II has a fifty-two week low of $7.81 and a fifty-two week high of $12.48.

Invesco Advantage Municipal Income Trust II Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 30th. Investors of record on Tuesday, November 15th will be given a $0.0361 dividend. The ex-dividend date of this dividend is Monday, November 14th. This represents a $0.43 annualized dividend and a yield of 4.91%.

About Invesco Advantage Municipal Income Trust II

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Invesco Advantage Municipal Income Trust II 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.

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Institutional Ownership by Quarter for Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

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