River Street Advisors LLC Purchases New Shares in Invesco Advantage Municipal Income Trust II $VKI

River Street Advisors LLC acquired a new position in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 19,610 shares of the financial services provider’s stock, valued at approximately $164,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VKI. Nuveen Asset Management LLC lifted its position in shares of Invesco Advantage Municipal Income Trust II by 7.5% during the fourth quarter. Nuveen Asset Management LLC now owns 43,232 shares of the financial services provider’s stock worth $378,000 after purchasing an additional 3,000 shares in the last quarter. TPG Advisors LLC acquired a new position in Invesco Advantage Municipal Income Trust II during the 1st quarter worth $88,000. World Investment Advisors boosted its position in Invesco Advantage Municipal Income Trust II by 47.1% in the 1st quarter. World Investment Advisors now owns 157,212 shares of the financial services provider’s stock valued at $1,343,000 after buying an additional 50,350 shares during the last quarter. Formidable Asset Management LLC acquired a new stake in shares of Invesco Advantage Municipal Income Trust II in the 1st quarter valued at $109,000. Finally, Cetera Investment Advisers acquired a new stake in shares of Invesco Advantage Municipal Income Trust II in the 1st quarter valued at $179,000. Institutional investors and hedge funds own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Down 0.6%

Shares of VKI opened at $8.80 on Friday. Invesco Advantage Municipal Income Trust II has a 12-month low of $7.89 and a 12-month high of $9.29. The stock’s fifty day simple moving average is $8.47 and its 200-day simple moving average is $8.37.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Thursday, October 16th will be paid a $0.0559 dividend. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Thursday, October 16th.

Invesco Advantage Municipal Income Trust II Profile

Invesco Advantage Municipal Income Trust II 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.