Noble Wealth Management PBC Takes $123,000 Position in Invesco Quality Municipal Income Trust (NYSE:IQI)

Noble Wealth Management PBC purchased a new position in Invesco Quality Municipal Income Trust (NYSE:IQI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 12,500 shares of the financial services provider’s stock, valued at approximately $123,000.

Other institutional investors also recently bought and sold shares of the company. US Bancorp DE purchased a new position in Invesco Quality Municipal Income Trust in the third quarter worth about $45,000. Fortitude Advisory Group L.L.C. purchased a new position in Invesco Quality Municipal Income Trust in the 4th quarter worth approximately $101,000. Worth Asset Management LLC bought a new position in Invesco Quality Municipal Income Trust in the 4th quarter valued at approximately $102,000. Larson Financial Group LLC boosted its stake in Invesco Quality Municipal Income Trust by 234.1% during the 3rd quarter. Larson Financial Group LLC now owns 11,025 shares of the financial services provider’s stock valued at $115,000 after purchasing an additional 7,725 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in Invesco Quality Municipal Income Trust during the 3rd quarter valued at $142,000.

Invesco Quality Municipal Income Trust Price Performance

Invesco Quality Municipal Income Trust stock opened at $10.07 on Friday. Invesco Quality Municipal Income Trust has a 12 month low of $9.23 and a 12 month high of $10.53. The stock has a fifty day simple moving average of $9.88 and a two-hundred day simple moving average of $10.07.

Invesco Quality Municipal Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were given a $0.0631 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 7.52%. The ex-dividend date of this dividend was Tuesday, February 18th.

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.