Invesco Quality Municipal Income Trust (NYSE:IQI) Shares Sold by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC decreased its holdings in Invesco Quality Municipal Income Trust (NYSE:IQIFree Report) by 9.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,250 shares of the financial services provider’s stock after selling 11,900 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Invesco Quality Municipal Income Trust were worth $1,001,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC lifted its holdings in Invesco Quality Municipal Income Trust by 5.7% in the 2nd quarter. Rivernorth Capital Management LLC now owns 1,535,314 shares of the financial services provider’s stock valued at $14,678,000 after purchasing an additional 83,349 shares in the last quarter. Morgan Stanley lifted its holdings in Invesco Quality Municipal Income Trust by 20.1% in the 4th quarter. Morgan Stanley now owns 1,338,095 shares of the financial services provider’s stock valued at $12,605,000 after purchasing an additional 223,807 shares in the last quarter. Guggenheim Capital LLC lifted its holdings in Invesco Quality Municipal Income Trust by 16.0% in the 2nd quarter. Guggenheim Capital LLC now owns 1,073,175 shares of the financial services provider’s stock valued at $10,260,000 after purchasing an additional 148,135 shares in the last quarter. Raymond James & Associates lifted its holdings in Invesco Quality Municipal Income Trust by 8.8% in the 3rd quarter. Raymond James & Associates now owns 685,552 shares of the financial services provider’s stock valued at $5,752,000 after purchasing an additional 55,265 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in Invesco Quality Municipal Income Trust by 42.1% in the 4th quarter. Wells Fargo & Company MN now owns 455,249 shares of the financial services provider’s stock valued at $4,288,000 after purchasing an additional 134,922 shares in the last quarter.

Invesco Quality Municipal Income Trust Stock Performance

NYSE:IQI opened at $9.58 on Friday. Invesco Quality Municipal Income Trust has a 12-month low of $8.05 and a 12-month high of $10.17. The company’s 50-day moving average is $9.46 and its two-hundred day moving average is $9.06.

Invesco Quality Municipal Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 29th. Stockholders of record on Friday, February 16th will be issued a dividend of $0.0403 per share. The ex-dividend date of this dividend is Thursday, February 15th. This represents a $0.48 annualized dividend and a dividend yield of 5.05%.

Invesco Quality Municipal Income Trust Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Quality Municipal Income Trust (NYSE:IQI)

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