Kingswood Wealth Advisors LLC Has $312,000 Stock Position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Kingswood Wealth Advisors LLC increased its stake in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 9.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,130 shares of the financial services provider’s stock after buying an additional 3,000 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Invesco Advantage Municipal Income Trust II were worth $312,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Financial Management Professionals Inc. bought a new stake in Invesco Advantage Municipal Income Trust II during the 1st quarter worth about $28,000. Aristides Capital LLC bought a new stake in Invesco Advantage Municipal Income Trust II during the 4th quarter worth about $127,000. Weiss Asset Management LP bought a new stake in Invesco Advantage Municipal Income Trust II during the 4th quarter worth about $246,000. Ackerman Capital Advisors LLC raised its holdings in Invesco Advantage Municipal Income Trust II by 167.0% during the 1st quarter. Ackerman Capital Advisors LLC now owns 78,412 shares of the financial services provider’s stock worth $667,000 after purchasing an additional 49,044 shares during the last quarter. Finally, Van ECK Associates Corp raised its holdings in Invesco Advantage Municipal Income Trust II by 5.4% during the 1st quarter. Van ECK Associates Corp now owns 355,011 shares of the financial services provider’s stock worth $3,018,000 after purchasing an additional 18,117 shares during the last quarter. Institutional investors and hedge funds own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Trading Down 0.5 %

Shares of NYSEAMERICAN:VKI opened at $9.05 on Thursday. Invesco Advantage Municipal Income Trust II has a 1-year low of $7.07 and a 1-year high of $9.22.

Invesco Advantage Municipal Income Trust II Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 16th will be paid a $0.0559 dividend. The ex-dividend date of this dividend is Friday, August 16th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.41%.

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.