JFS Wealth Advisors LLC Purchases 135,421 Shares of Invesco Quality Municipal Income Trust (NYSE:IQI)

JFS Wealth Advisors LLC lifted its holdings in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) by 1,618.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 143,790 shares of the financial services provider’s stock after acquiring an additional 135,421 shares during the period. JFS Wealth Advisors LLC’s holdings in Invesco Quality Municipal Income Trust were worth $1,501,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of IQI. Larson Financial Group LLC acquired a new position in shares of Invesco Quality Municipal Income Trust during the second quarter worth $33,000. International Assets Investment Management LLC acquired a new position in Invesco Quality Municipal Income Trust in the 2nd quarter worth about $35,000. Oppenheimer & Co. Inc. bought a new position in Invesco Quality Municipal Income Trust in the first quarter valued at about $102,000. Kercheville Advisors LLC acquired a new position in shares of Invesco Quality Municipal Income Trust in the third quarter valued at approximately $115,000. Finally, Almitas Capital LLC acquired a new position in shares of Invesco Quality Municipal Income Trust in the second quarter valued at approximately $177,000.

Invesco Quality Municipal Income Trust Trading Up 0.6 %

NYSE:IQI opened at $9.96 on Thursday. Invesco Quality Municipal Income Trust has a one year low of $8.13 and a one year high of $10.53. The firm’s 50 day simple moving average is $10.27 and its 200 day simple moving average is $9.98.

Invesco Quality Municipal Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 16th will be given a dividend of $0.0631 per share. This represents a $0.76 annualized dividend and a yield of 7.61%. The ex-dividend date is Wednesday, October 16th.

Invesco Quality Municipal Income Trust Profile

Invesco Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.