Stratos Wealth Advisors LLC Lowers Holdings in Invesco Quality Municipal Income Trust $IQI

Stratos Wealth Advisors LLC lessened its stake in Invesco Quality Municipal Income Trust (NYSE:IQI) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 254,436 shares of the financial services provider’s stock after selling 10,977 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in Invesco Quality Municipal Income Trust were worth $2,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of IQI. XTX Topco Ltd bought a new stake in Invesco Quality Municipal Income Trust in the 1st quarter worth about $243,000. Concurrent Investment Advisors LLC increased its holdings in Invesco Quality Municipal Income Trust by 62.8% in the 1st quarter. Concurrent Investment Advisors LLC now owns 24,712 shares of the financial services provider’s stock worth $239,000 after buying an additional 9,528 shares in the last quarter. Sowell Financial Services LLC bought a new stake in Invesco Quality Municipal Income Trust in the 1st quarter worth about $148,000. LPL Financial LLC increased its holdings in Invesco Quality Municipal Income Trust by 17.3% in the 1st quarter. LPL Financial LLC now owns 592,689 shares of the financial services provider’s stock worth $5,737,000 after buying an additional 87,535 shares in the last quarter. Finally, Nuveen LLC bought a new stake in Invesco Quality Municipal Income Trust in the 1st quarter worth about $538,000.

Invesco Quality Municipal Income Trust Trading Down 1.0%

NYSE IQI opened at $9.88 on Friday. Invesco Quality Municipal Income Trust has a one year low of $8.86 and a one year high of $10.31. The stock has a 50-day moving average of $9.70 and a 200 day moving average of $9.47.

Invesco Quality Municipal Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Thursday, October 16th will be issued a $0.0631 dividend. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date is Thursday, October 16th.

Invesco Quality Municipal Income Trust Company 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.