Invesco Advantage Municipal Income Trust II (VKI) To Go Ex-Dividend on March 16th

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) declared a monthly dividend on Monday, March 2nd. Shareholders of record on Monday, March 16th will be paid a dividend of 0.0559 per share by the financial services provider on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Monday, March 16th.

Invesco Advantage Municipal Income Trust II Price Performance

VKI stock opened at $9.33 on Friday. Invesco Advantage Municipal Income Trust II has a twelve month low of $7.89 and a twelve month high of $9.45. The company’s 50 day moving average is $9.18 and its two-hundred day moving average is $8.93.

Insider Activity at Invesco Advantage Municipal Income Trust II

In related news, major shareholder Of America Corp /De/ Bank purchased 8,531 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were purchased at an average cost of $9.08 per share, for a total transaction of $77,461.48. Following the purchase, the insider directly owned 8,531 shares of the company’s stock, valued at $77,461.48. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.45% of the stock is owned by company insiders.

Hedge Funds Weigh In On Invesco Advantage Municipal Income Trust II

Several large investors have recently bought and sold shares of VKI. Alpine Global Management LLC grew its holdings in shares of Invesco Advantage Municipal Income Trust II by 2.8% during the fourth quarter. Alpine Global Management LLC now owns 46,240 shares of the financial services provider’s stock worth $422,000 after purchasing an additional 1,240 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of Invesco Advantage Municipal Income Trust II by 2.0% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 65,890 shares of the financial services provider’s stock valued at $552,000 after purchasing an additional 1,323 shares during the last quarter. Moloney Securities Asset Management LLC boosted its position in shares of Invesco Advantage Municipal Income Trust II by 10.8% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 13,910 shares of the financial services provider’s stock valued at $122,000 after purchasing an additional 1,355 shares during the period. TPG Advisors LLC boosted its position in shares of Invesco Advantage Municipal Income Trust II by 11.2% in the 3rd quarter. TPG Advisors LLC now owns 14,219 shares of the financial services provider’s stock valued at $125,000 after purchasing an additional 1,437 shares during the period. Finally, CoreCap Advisors LLC purchased a new position in Invesco Advantage Municipal Income Trust II during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 27.52% of the company’s stock.

About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN: VKI) is a closed-end management investment company that primarily seeks to provide shareholders with high after-tax total return. The fund pursues its objective by investing predominantly in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities and other political subdivisions.

The fund’s investment strategy emphasizes credit quality and income generation, with portfolio managers conducting in-depth credit analysis to identify opportunities across various sectors—such as transportation, education and healthcare—that offer attractive tax-exempt yields.