3,333 Shares in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Purchased by Financial Management Professionals Inc.

Financial Management Professionals Inc. acquired a new stake in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 3,333 shares of the financial services provider’s stock, valued at approximately $28,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Fortitude Family Office LLC acquired a new stake in Invesco Advantage Municipal Income Trust II in the fourth quarter valued at approximately $62,000. Kingswood Wealth Advisors LLC raised its holdings in shares of Invesco Advantage Municipal Income Trust II by 51.0% in the first quarter. Kingswood Wealth Advisors LLC now owns 32,130 shares of the financial services provider’s stock worth $273,000 after buying an additional 10,850 shares during the last quarter. Aristides Capital LLC purchased a new position in shares of Invesco Advantage Municipal Income Trust II in the fourth quarter worth $127,000. Weiss Asset Management LP purchased a new position in shares of Invesco Advantage Municipal Income Trust II in the fourth quarter worth $246,000. Finally, Fiera Capital Corp raised its holdings in shares of Invesco Advantage Municipal Income Trust II by 8.6% in the fourth quarter. Fiera Capital Corp now owns 735,159 shares of the financial services provider’s stock worth $6,212,000 after buying an additional 58,150 shares during the last quarter. 27.52% of the stock is currently owned by institutional investors.

Invesco Advantage Municipal Income Trust II Trading Up 0.2 %

Shares of Invesco Advantage Municipal Income Trust II stock opened at $8.89 on Friday. Invesco Advantage Municipal Income Trust II has a 1 year low of $7.07 and a 1 year high of $8.94.

Invesco Advantage Municipal Income Trust II Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Tuesday, June 18th were given a $0.0559 dividend. This is a positive change from Invesco Advantage Municipal Income Trust II’s previous monthly dividend of $0.03. The ex-dividend date of this dividend was Tuesday, June 18th. This represents a $0.67 annualized dividend and a dividend yield of 7.55%.

Invesco Advantage Municipal Income Trust II Profile

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.