Catalina Capital Group LLC Acquires Shares of 21,491 Invesco Value Municipal Income Trust (NYSE:IIM)

Catalina Capital Group LLC purchased a new stake in Invesco Value Municipal Income Trust (NYSE:IIM) in the second quarter, according to its most recent filing with the SEC. The fund purchased 21,491 shares of the investment management company’s stock, valued at approximately $265,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. CoreFirst Bank & Trust acquired a new position in Invesco Value Municipal Income Trust in the fourth quarter valued at approximately $77,000. Fortitude Advisory Group L.L.C. boosted its holdings in shares of Invesco Value Municipal Income Trust by 9.3% during the fourth quarter. Fortitude Advisory Group L.L.C. now owns 22,402 shares of the investment management company’s stock valued at $263,000 after acquiring an additional 1,904 shares during the period. Cetera Advisors LLC bought a new position in shares of Invesco Value Municipal Income Trust during the first quarter worth about $267,000. Gridiron Partners LLC acquired a new stake in shares of Invesco Value Municipal Income Trust in the 4th quarter worth about $337,000. Finally, Weiss Asset Management LP bought a new stake in Invesco Value Municipal Income Trust in the 4th quarter valued at about $348,000. 20.73% of the stock is owned by institutional investors and hedge funds.

Invesco Value Municipal Income Trust Price Performance

Shares of NYSE:IIM traded up $0.05 during trading hours on Friday, hitting $12.74. The stock had a trading volume of 92,944 shares, compared to its average volume of 125,176. The stock’s fifty day simple moving average is $12.46 and its 200 day simple moving average is $12.00. Invesco Value Municipal Income Trust has a 1-year low of $9.94 and a 1-year high of $12.80.

Invesco Value Municipal Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 16th will be issued a dividend of $0.0771 per share. This represents a $0.93 dividend on an annualized basis and a dividend yield of 7.26%. The ex-dividend date of this dividend is Friday, August 16th.

Invesco Value Municipal Income Trust Company Profile

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.