Invesco Advantage Municipal Income Tr II (VKI) Shares Sold by Bessemer Group Inc.
Bessemer Group Inc. reduced its stake in shares of Invesco Advantage Municipal Income Tr II (NYSE:VKI) by 4.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 215,060 shares of the financial services provider’s stock after selling 10,000 shares during the period. Bessemer Group Inc.’s holdings in Invesco Advantage Municipal Income Tr II were worth $2,484,000 as of its most recent SEC filing.
Separately, Harbour Capital Advisors LLC raised its stake in Invesco Advantage Municipal Income Tr II by 1,055.0% in the second quarter. Harbour Capital Advisors LLC now owns 11,550 shares of the financial services provider’s stock valued at $1,000,000 after buying an additional 10,550 shares during the period.
Shares of Invesco Advantage Municipal Income Tr II (VKI) opened at 11.58 on Thursday. The company has a 50-day moving average price of $11.65 and a 200 day moving average price of $11.38. Invesco Advantage Municipal Income Tr II has a 1-year low of $10.68 and a 1-year high of $13.53.
The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Friday, August 11th will be issued a $0.0547 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date of this dividend is Wednesday, August 9th.
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Invesco Advantage Municipal Income Tr II Company Profile
Invesco Advantage Municipal Income Trust II (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. Under normal market conditions, the Trust focuses on investing in municipal securities rated investment grade at the time of investment.
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