Wolverine Asset Management LLC Buys New Position in Invesco Municipal Income Opportunities Trust (NYSE:OIA)

Wolverine Asset Management LLC purchased a new position in Invesco Municipal Income Opportunities Trust (NYSE:OIA) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 67,120 shares of the investment management company’s stock, valued at approximately $396,000.

Other large investors also recently modified their holdings of the company. AlphaStar Capital Management LLC acquired a new stake in shares of Invesco Municipal Income Opportunities Trust in the fourth quarter worth $83,000. Van ECK Associates Corp grew its position in Invesco Municipal Income Opportunities Trust by 10.0% in the 4th quarter. Van ECK Associates Corp now owns 217,955 shares of the investment management company’s stock worth $1,286,000 after purchasing an additional 19,889 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Invesco Municipal Income Opportunities Trust by 19.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 64,063 shares of the investment management company’s stock worth $439,000 after purchasing an additional 10,217 shares during the period. Farther Finance Advisors LLC raised its position in shares of Invesco Municipal Income Opportunities Trust by 32.3% during the third quarter. Farther Finance Advisors LLC now owns 91,432 shares of the investment management company’s stock valued at $627,000 after buying an additional 22,308 shares during the last quarter. Finally, RFG Advisory LLC lifted its stake in shares of Invesco Municipal Income Opportunities Trust by 24.4% in the fourth quarter. RFG Advisory LLC now owns 40,859 shares of the investment management company’s stock valued at $241,000 after buying an additional 8,027 shares during the period. 12.57% of the stock is currently owned by institutional investors and hedge funds.

Invesco Municipal Income Opportunities Trust Stock Performance

Shares of OIA opened at $6.12 on Monday. The stock’s 50-day moving average price is $6.05 and its 200 day moving average price is $6.41. Invesco Municipal Income Opportunities Trust has a 12-month low of $5.78 and a 12-month high of $6.99.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a dividend of $0.0291 per share. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date of this dividend is Tuesday, February 18th.

Invesco Municipal Income Opportunities Trust Profile

Invesco Municipal Income Opportunities 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.