Invesco Advantage Municipal Income Trust II (VKI) To Go Ex-Dividend on September 14th

Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Monday, September 14th will be paid a dividend of 0.0559 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date of this dividend is Monday, September 14th.

Invesco Advantage Municipal Income Trust II Trading Down 0.7%

VKI opened at $8.76 on Thursday. Invesco Advantage Municipal Income Trust II has a 1-year low of $8.30 and a 1-year high of $9.60. The firm’s 50 day simple moving average is $9.11 and its two-hundred day simple moving average is $9.04.

Hedge Funds Weigh In On Invesco Advantage Municipal Income Trust II

A number of institutional investors have recently bought and sold shares of the stock. Kestra Advisory Services LLC bought a new stake in Invesco Advantage Municipal Income Trust II during the fourth quarter valued at about $51,000. J.W. Cole Advisors Inc. purchased a new position in shares of Invesco Advantage Municipal Income Trust II during the 4th quarter valued at about $117,000. PNC Financial Services Group Inc. bought a new position in shares of Invesco Advantage Municipal Income Trust II during the 4th quarter valued at approximately $133,000. Creative Planning increased its holdings in Invesco Advantage Municipal Income Trust II by 35.4% in 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 in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in Invesco Advantage Municipal Income Trust II by 41.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 18,379 shares of the financial services provider’s stock worth $154,000 after acquiring an additional 5,362 shares in the last quarter. 27.52% of the stock is owned by institutional investors.

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.