Invvlu Mu Incm $IIM Shares Bought by Whipplewood Advisors LLC

Whipplewood Advisors LLC grew its stake in Invvlu Mu Incm (NYSE:IIM) by 33,000.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 76,462 shares of the investment management company’s stock after purchasing an additional 76,231 shares during the period. Whipplewood Advisors LLC owned approximately 0.16% of Invvlu Mu Incm worth $890,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Wealth Quarterback LLC increased its holdings in shares of Invvlu Mu Incm by 1.6% in the first quarter. Wealth Quarterback LLC now owns 55,168 shares of the investment management company’s stock valued at $660,000 after purchasing an additional 847 shares during the period. LexAurum Advisors LLC increased its holdings in shares of Invvlu Mu Incm by 1.7% in the second quarter. LexAurum Advisors LLC now owns 93,857 shares of the investment management company’s stock valued at $1,092,000 after purchasing an additional 1,599 shares during the period. Curio Wealth LLC increased its holdings in shares of Invvlu Mu Incm by 115,000.0% in the second quarter. Curio Wealth LLC now owns 2,302 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 2,300 shares during the period. Virtu Financial LLC increased its holdings in shares of Invvlu Mu Incm by 20.5% in the first quarter. Virtu Financial LLC now owns 19,654 shares of the investment management company’s stock valued at $235,000 after purchasing an additional 3,346 shares during the period. Finally, Hilltop National Bank acquired a new position in shares of Invvlu Mu Incm in the second quarter valued at approximately $49,000. Institutional investors and hedge funds own 20.73% of the company’s stock.

Invvlu Mu Incm Price Performance

NYSE:IIM opened at $12.56 on Friday. The stock’s 50 day simple moving average is $12.26 and its 200-day simple moving average is $11.84. Invvlu Mu Incm has a 12-month low of $10.96 and a 12-month high of $12.77.

Invvlu Mu Incm Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Thursday, October 16th will be paid a $0.0771 dividend. The ex-dividend date is Thursday, October 16th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

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.