Van ECK Associates Corp grew its holdings in Invesco Advantage Municipal Income Tr II (NYSEAMERICAN:VKI) by 14.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 138,408 shares of the financial services provider’s stock after purchasing an additional 17,899 shares during the quarter. Van ECK Associates Corp’s holdings in Invesco Advantage Municipal Income Tr II were worth $1,475,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of VKI. Millennium Management LLC purchased a new position in shares of Invesco Advantage Municipal Income Tr II in the fourth quarter valued at approximately $163,000. Doliver Capital Advisors LP purchased a new position in shares of Invesco Advantage Municipal Income Tr II in the first quarter valued at approximately $152,000. Stifel Financial Corp boosted its stake in shares of Invesco Advantage Municipal Income Tr II by 114.1% in the first quarter. Stifel Financial Corp now owns 128,152 shares of the financial services provider’s stock valued at $1,359,000 after purchasing an additional 68,300 shares during the period. Landscape Capital Management L.L.C. boosted its stake in shares of Invesco Advantage Municipal Income Tr II by 315.2% in the first quarter. Landscape Capital Management L.L.C. now owns 42,966 shares of the financial services provider’s stock valued at $456,000 after purchasing an additional 32,617 shares during the period. Finally, Fiera Capital Corp boosted its stake in shares of Invesco Advantage Municipal Income Tr II by 68.0% in the first quarter. Fiera Capital Corp now owns 244,402 shares of the financial services provider’s stock valued at $2,593,000 after purchasing an additional 98,919 shares during the period.

Shares of NYSEAMERICAN:VKI opened at $10.53 on Friday. Invesco Advantage Municipal Income Tr II has a fifty-two week low of $10.33 and a fifty-two week high of $11.79.

The company also recently announced a monthly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 14th will be issued a $0.0493 dividend. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $0.59 annualized dividend and a yield of 5.62%.

Invesco Advantage Municipal Income Tr II Company 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.

Recommended Story: Discover Your Risk Tolerance

Want to see what other hedge funds are holding VKI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Advantage Municipal Income Tr II (NYSEAMERICAN:VKI).

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

Receive News & Ratings for Invesco Advantage Municipal Income Tr II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Advantage Municipal Income Tr II and related companies with MarketBeat.com's FREE daily email newsletter.