Invesco Advantage Municipal Income Trust II (VKI) To Go Ex-Dividend on June 15th

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) announced a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of 0.0559 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Monday, June 15th.

Invesco Advantage Municipal Income Trust II Trading Down 0.9%

VKI opened at $8.90 on Wednesday. The business’s 50-day simple moving average is $8.81 and its 200-day simple moving average is $8.98. Invesco Advantage Municipal Income Trust II has a one year low of $8.10 and a one year high of $9.60.

Insider Activity at Invesco Advantage Municipal Income Trust II

In other news, major shareholder Of America Corp /De/ Bank bought 3,359 shares of the business’s stock in a transaction dated Thursday, April 2nd. The shares were acquired at an average price of $8.68 per share, for a total transaction of $29,156.12. Following the completion of the transaction, the insider owned 3,359 shares of the company’s stock, valued at approximately $29,156.12. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.45% of the company’s stock.

Institutional Trading of Invesco Advantage Municipal Income Trust II

Hedge funds and other institutional investors have recently made changes to their positions in the company. CoreCap Advisors LLC acquired a new stake in shares of Invesco Advantage Municipal Income Trust II during the fourth quarter worth about $28,000. Kestra Advisory Services LLC acquired a new stake in shares of Invesco Advantage Municipal Income Trust II during the fourth quarter worth about $51,000. J.W. Cole Advisors Inc. acquired a new stake in shares of Invesco Advantage Municipal Income Trust II during the fourth quarter worth about $117,000. Moloney Securities Asset Management LLC increased its position in shares of Invesco Advantage Municipal Income Trust II by 10.8% during the third quarter. Moloney Securities Asset Management LLC now owns 13,910 shares of the financial services provider’s stock worth $122,000 after purchasing an additional 1,355 shares in the last quarter. Finally, TPG Advisors LLC increased its position in 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 acquiring an additional 1,437 shares during the period. 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.