Invesco Municipal Income Opp Trust (NYSE:OIA) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $7.02 and last traded at $7.04, with a volume of 47798 shares. The stock had previously closed at $7.05.

The business also recently declared a monthly dividend, which will be paid on Friday, November 30th. Stockholders of record on Tuesday, November 13th will be issued a dividend of $0.0328 per share. The ex-dividend date of this dividend is Friday, November 9th. This represents a $0.39 annualized dividend and a dividend yield of 5.59%.

Several large investors have recently made changes to their positions in OIA. Amarillo National Bank bought a new stake in shares of Invesco Municipal Income Opp Trust in the third quarter worth $101,000. Bank of New York Mellon Corp bought a new stake in shares of Invesco Municipal Income Opp Trust in the third quarter worth $130,000. RFG Advisory Group LLC bought a new stake in shares of Invesco Municipal Income Opp Trust in the second quarter worth $136,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco Municipal Income Opp Trust by 3,665.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 30,389 shares of the investment management company’s stock worth $229,000 after purchasing an additional 29,582 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of Invesco Municipal Income Opp Trust by 137.5% in the first quarter. LPL Financial LLC now owns 32,506 shares of the investment management company’s stock worth $241,000 after purchasing an additional 18,818 shares during the last quarter. Institutional investors own 5.92% of the company’s stock.

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Invesco Municipal Income Opp Trust Company Profile (NYSE:OIA)

Invesco Municipal Income Opportunities Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.

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