Tyche Wealth Partners LLC Purchases Shares of 40,325 Invesco Value Municipal Income Trust (NYSE:IIM)

Tyche Wealth Partners LLC acquired a new position in Invesco Value Municipal Income Trust (NYSE:IIM) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 40,325 shares of the investment management company’s stock, valued at approximately $473,000.

Several other large investors have also recently modified their holdings of IIM. Envestnet Asset Management Inc. grew its stake in Invesco Value Municipal Income Trust by 22.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 14,474 shares of the investment management company’s stock worth $202,000 after buying an additional 2,689 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in Invesco Value Municipal Income Trust in the first quarter valued at approximately $351,000. NewEdge Advisors LLC increased its holdings in Invesco Value Municipal Income Trust by 32.9% in the 1st quarter. NewEdge Advisors LLC now owns 36,145 shares of the investment management company’s stock worth $504,000 after buying an additional 8,943 shares during the period. Nations Financial Group Inc. IA ADV purchased a new position in Invesco Value Municipal Income Trust during the 1st quarter worth approximately $335,000. Finally, UBS Group AG raised its position in Invesco Value Municipal Income Trust by 8.1% during the 1st quarter. UBS Group AG now owns 378,886 shares of the investment management company’s stock worth $5,282,000 after buying an additional 28,318 shares during the last quarter. Institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Up 0.1 %

Shares of NYSE:IIM traded up $0.01 during midday trading on Wednesday, reaching $11.43. The company’s stock had a trading volume of 98,781 shares, compared to its average volume of 99,089. The stock has a fifty day moving average of $11.78 and a 200 day moving average of $11.39. Invesco Value Municipal Income Trust has a twelve month low of $9.94 and a twelve month high of $12.20.

Invesco Value Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 16th will be paid a dividend of $0.0496 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.21%.

About Invesco Value Municipal Income Trust

Invesco Value Municipal Income 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 (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.