Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Major Shareholder Of America Corp /De/ Bank Buys 3,359 Shares

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) major shareholder Of America Corp /De/ Bank bought 3,359 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The shares were bought at an average cost of $8.68 per share, for a total transaction of $29,156.12. Following the completion of the acquisition, the insider owned 3,359 shares of the company’s stock, valued at $29,156.12. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Invesco Advantage Municipal Income Trust II Trading Up 0.6%

NYSEAMERICAN:VKI traded up $0.05 during trading hours on Monday, reaching $8.72. The company had a trading volume of 157,710 shares, compared to its average volume of 160,081. Invesco Advantage Municipal Income Trust II has a 1-year low of $7.89 and a 1-year high of $9.60. The business’s 50 day moving average price is $9.08 and its 200-day moving average price is $8.97.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, April 14th will be paid a $0.0559 dividend. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Tuesday, April 14th.

Institutional Trading of Invesco Advantage Municipal Income Trust II

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CoreCap Advisors LLC purchased a new position in Invesco Advantage Municipal Income Trust II in the fourth quarter valued at $28,000. Kestra Advisory Services LLC purchased a new stake in shares of Invesco Advantage Municipal Income Trust II during the 4th quarter worth about $51,000. J.W. Cole Advisors Inc. purchased a new stake in shares of Invesco Advantage Municipal Income Trust II during the 4th quarter worth about $117,000. Moloney Securities Asset Management LLC increased its stake 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 in the last quarter. Finally, TPG Advisors LLC increased its stake 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 in the last quarter. 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.