Retirement Planning Group LLC Purchases New Position in Invvlu Mu Incm $IIM

Retirement Planning Group LLC purchased a new stake in shares of Invvlu Mu Incm (NYSE:IIM) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 45,552 shares of the investment management company’s stock, valued at approximately $554,000. Retirement Planning Group LLC owned about 0.10% of Invvlu Mu Incm as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its holdings in shares of Invvlu Mu Incm by 4.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 24,713 shares of the investment management company’s stock valued at $304,000 after purchasing an additional 1,100 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Invvlu Mu Incm by 0.8% during the fourth quarter. Cetera Investment Advisers now owns 157,366 shares of the investment management company’s stock valued at $1,939,000 after buying an additional 1,211 shares during the last quarter. Cornerstone Wealth Management LLC grew its holdings in Invvlu Mu Incm by 11.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 17,906 shares of the investment management company’s stock worth $221,000 after buying an additional 1,769 shares in the last quarter. D.A. Davidson & CO. grew its holdings in Invvlu Mu Incm by 4.3% during the fourth quarter. D.A. Davidson & CO. now owns 72,538 shares of the investment management company’s stock worth $894,000 after buying an additional 3,000 shares in the last quarter. Finally, Garton & Associates Financial Advisors LLC bought a new stake in Invvlu Mu Incm during the fourth quarter worth $41,000. 20.73% of the stock is owned by institutional investors.

Invvlu Mu Incm Price Performance

NYSE IIM opened at $12.86 on Thursday. The business has a fifty day simple moving average of $12.52 and a 200 day simple moving average of $12.49. Invvlu Mu Incm has a 12 month low of $11.20 and a 12 month high of $13.17.

Invvlu Mu Incm Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 14th will be issued a $0.0771 dividend. The ex-dividend date is Tuesday, July 14th. This represents a c) annualized dividend and a dividend yield of 7.2%.

Invvlu Mu Incm Profile

Invesco Value 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 (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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.