Madison Park Capital Advisors LLC Increases Stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Madison Park Capital Advisors LLC increased its stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 31.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,492 shares of the financial services provider’s stock after purchasing an additional 10,028 shares during the quarter. Madison Park Capital Advisors LLC’s holdings in Invesco Advantage Municipal Income Trust II were worth $363,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VKI. Sanctuary Advisors LLC purchased a new position in shares of Invesco Advantage Municipal Income Trust II in the 2nd quarter valued at about $1,778,000. Advisors Asset Management Inc. increased its holdings in Invesco Advantage Municipal Income Trust II by 65.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 204,041 shares of the financial services provider’s stock valued at $1,900,000 after acquiring an additional 80,607 shares in the last quarter. Stifel Financial Corp increased its holdings in Invesco Advantage Municipal Income Trust II by 58.4% during the 3rd quarter. Stifel Financial Corp now owns 154,291 shares of the financial services provider’s stock valued at $1,436,000 after acquiring an additional 56,874 shares in the last quarter. World Investment Advisors LLC increased its holdings in Invesco Advantage Municipal Income Trust II by 84.9% during the 3rd quarter. World Investment Advisors LLC now owns 108,462 shares of the financial services provider’s stock valued at $1,010,000 after acquiring an additional 49,807 shares in the last quarter. Finally, Bayshore Asset Management LLC purchased a new position in Invesco Advantage Municipal Income Trust II during the 3rd quarter valued at about $447,000. Hedge funds and other institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Price Performance

Shares of NYSEAMERICAN VKI opened at $8.77 on Wednesday. Invesco Advantage Municipal Income Trust II has a 12 month low of $8.14 and a 12 month high of $9.42.

Invesco Advantage Municipal Income Trust II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued a dividend of $0.0559 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.65%.

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.