Rareview Capital LLC Has $880,000 Stock Position in Inv Vk Mun Tr $VKQ

Rareview Capital LLC lowered its stake in Inv Vk Mun Tr (NYSE:VKQ) by 66.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 96,145 shares of the investment management company’s stock after selling 192,599 shares during the period. Rareview Capital LLC owned approximately 0.17% of Inv Vk Mun Tr worth $880,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Jones Financial Companies Lllp acquired a new stake in Inv Vk Mun Tr during the first quarter worth about $769,000. Invesco Ltd. raised its position in shares of Inv Vk Mun Tr by 11.5% in the 2nd quarter. Invesco Ltd. now owns 163,951 shares of the investment management company’s stock valued at $1,500,000 after buying an additional 16,904 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Inv Vk Mun Tr by 53.6% during the 2nd quarter. Raymond James Financial Inc. now owns 203,544 shares of the investment management company’s stock worth $1,862,000 after acquiring an additional 71,026 shares during the period. Bank of America Corp DE boosted its position in shares of Inv Vk Mun Tr by 10.4% during the 2nd quarter. Bank of America Corp DE now owns 158,856 shares of the investment management company’s stock worth $1,454,000 after acquiring an additional 14,905 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of Inv Vk Mun Tr by 16.9% during the 2nd quarter. Osaic Holdings Inc. now owns 14,206 shares of the investment management company’s stock worth $130,000 after acquiring an additional 2,051 shares in the last quarter. Institutional investors and hedge funds own 32.00% of the company’s stock.

Inv Vk Mun Tr Price Performance

Shares of NYSE:VKQ opened at $10.06 on Friday. The company’s 50 day simple moving average is $9.77 and its 200 day simple moving average is $9.74. Inv Vk Mun Tr has a 1 year low of $8.94 and a 1 year high of $10.10.

Inv Vk Mun Tr Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 14th will be issued a $0.0628 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Tuesday, July 14th.

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.