Invmun Incom (NYSE:OIA) Plans Monthly Dividend of $0.03

Invmun Incom (NYSE:OIA) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.0291 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Thursday, January 15th.

Invmun Incom Stock Up 0.2%

Shares of Invmun Incom stock traded up $0.01 on Tuesday, hitting $6.16. The stock had a trading volume of 43,600 shares, compared to its average volume of 104,606. The stock’s 50-day simple moving average is $6.04 and its two-hundred day simple moving average is $5.90. Invmun Incom has a one year low of $5.43 and a one year high of $6.24.

Institutional Trading of Invmun Incom

A number of institutional investors have recently modified their holdings of OIA. NWF Advisory Services Inc. purchased a new position in Invmun Incom during the 2nd quarter valued at about $70,000. Vista Investment Partners II LLC bought a new stake in shares of Invmun Incom in the 3rd quarter worth approximately $84,000. Baird Financial Group Inc. increased its stake in shares of Invmun Incom by 31.9% during the second quarter. Baird Financial Group Inc. now owns 16,555 shares of the investment management company’s stock valued at $95,000 after buying an additional 4,000 shares during the period. River Street Advisors LLC bought a new position in shares of Invmun Incom during the second quarter valued at approximately $106,000. Finally, Susquehanna International Group LLP bought a new position in shares of Invmun Incom during the third quarter valued at approximately $115,000. 12.57% of the stock is currently owned by hedge funds and other institutional investors.

About Invmun Incom

Invesco Municipal Income Opportunities 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds rated BB or better by Standard & Poor's or Ba or better by Moody's.