Indivisible Partners Invests $789,000 in Invesco Advantage Municipal Income Trust II $VKI

Indivisible Partners bought a new position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 86,505 shares of the financial services provider’s stock, valued at approximately $789,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Moloney Securities Asset Management LLC grew its holdings in shares of Invesco Advantage Municipal Income Trust II by 10.8% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 13,910 shares of the financial services provider’s stock worth $122,000 after acquiring an additional 1,355 shares during the period. TPG Advisors LLC grew its holdings in shares of Invesco Advantage Municipal Income Trust II by 11.2% during the 3rd quarter. TPG Advisors LLC now owns 14,219 shares of the financial services provider’s stock worth $125,000 after acquiring an additional 1,437 shares during the period. CoreCap Advisors LLC purchased a new position in shares of Invesco Advantage Municipal Income Trust II during the 4th quarter worth approximately $28,000. Creative Planning grew its holdings in shares of Invesco Advantage Municipal Income Trust II by 35.4% during the 3rd quarter. Creative Planning now owns 15,792 shares of the financial services provider’s stock worth $138,000 after acquiring an additional 4,132 shares during the period. Finally, Capital Investment Advisors LLC grew its holdings in shares of Invesco Advantage Municipal Income Trust II by 6.8% during the 3rd quarter. Capital Investment Advisors LLC now owns 68,192 shares of the financial services provider’s stock worth $598,000 after acquiring an additional 4,365 shares during the period. Hedge funds and other institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Trading Up 2.7%

VKI stock opened at $9.01 on Thursday. Invesco Advantage Municipal Income Trust II has a fifty-two week low of $8.10 and a fifty-two week high of $9.60. The business’s 50 day moving average price is $8.98 and its two-hundred day moving average price is $8.99.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 14th will be issued a dividend of $0.0559 per share. The ex-dividend date is Thursday, May 14th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

Insider Buying and Selling at Invesco Advantage Municipal Income Trust II

In other Invesco Advantage Municipal Income Trust II news, major shareholder Of America Corp /De/ Bank purchased 3,359 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The stock was bought at an average cost of $8.68 per share, for a total transaction of $29,156.12. Following the purchase, the insider directly owned 3,359 shares in the company, valued at $29,156.12. The trade was a ? increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 6.45% of the company’s stock.

Invesco Advantage Municipal Income Trust II Company Profile

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.