Inv Vk Mun Tr $VKQ Shares Sold by UBS Group AG

UBS Group AG lessened its stake in Inv Vk Mun Tr (NYSE:VKQ) by 6.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 887,414 shares of the investment management company’s stock after selling 63,370 shares during the quarter. UBS Group AG’s holdings in Inv Vk Mun Tr were worth $8,564,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VKQ. Jones Financial Companies Lllp acquired a new position in shares of Inv Vk Mun Tr in the 1st quarter valued at $769,000. Raymond James Financial Inc. boosted its holdings in shares of Inv Vk Mun Tr by 53.6% in the 2nd quarter. Raymond James Financial Inc. now owns 203,544 shares of the investment management company’s stock valued at $1,862,000 after purchasing an additional 71,026 shares during the last quarter. Smith Moore & CO. boosted its holdings in shares of Inv Vk Mun Tr by 59.4% in the 3rd quarter. Smith Moore & CO. now owns 165,652 shares of the investment management company’s stock valued at $1,599,000 after purchasing an additional 61,742 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in shares of Inv Vk Mun Tr in the 3rd quarter valued at $405,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of Inv Vk Mun Tr by 90.4% in the 3rd quarter. NewEdge Advisors LLC now owns 86,934 shares of the investment management company’s stock valued at $839,000 after purchasing an additional 41,284 shares during the last quarter. Institutional investors and hedge funds own 32.00% of the company’s stock.

Inv Vk Mun Tr Trading Up 0.1%

Shares of VKQ opened at $9.54 on Monday. The company’s fifty day moving average is $9.66 and its two-hundred day moving average is $9.70. Inv Vk Mun Tr has a fifty-two week low of $8.94 and a fifty-two week high of $9.99.

Inv Vk Mun Tr Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 14th will be issued a dividend of $0.0628 per share. The ex-dividend date is Thursday, May 14th. This represents a c) annualized dividend and a dividend yield of 7.9%.

About Inv Vk Mun Tr

Invesco Municipal Income Trust (NYSE: VKQ) is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal income tax. The fund pursues its objective by investing primarily in municipal securities, including general obligation and revenue bonds issued by U.S. states, municipalities, counties and territories. As a tax-advantaged vehicle, the trust offers investors access to the municipal bond market through a diversified portfolio managed by seasoned fixed income professionals.

The trust generally allocates at least 80% of its assets to investment-grade municipal securities, although it may invest in lower-rated obligations when deemed appropriate by its management team.