Retirement Planning Group LLC Invests $554,000 in Invvlu Mu Incm $IIM

Retirement Planning Group LLC bought a new stake in Invvlu Mu Incm (NYSE:IIM) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 45,552 shares of the investment management company’s stock, valued at approximately $554,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Garton & Associates Financial Advisors LLC bought a new stake in Invvlu Mu Incm during the fourth quarter worth $41,000. Aventura Private Wealth LLC purchased a new position in Invvlu Mu Incm in the fourth quarter worth $43,000. XTX Topco Ltd bought a new position in Invvlu Mu Incm in the 2nd quarter valued at $134,000. Legacy Advisors LLC bought a new position in Invvlu Mu Incm in the 4th quarter valued at $149,000. Finally, Avior Wealth Management LLC purchased a new stake in shares of Invvlu Mu Incm during the 4th quarter valued at $155,000. 20.73% of the stock is owned by hedge funds and other institutional investors.

Invvlu Mu Incm Trading Up 0.1%

NYSE IIM opened at $12.86 on Thursday. Invvlu Mu Incm has a one year low of $11.20 and a one year high of $13.17. The business’s fifty day moving average is $12.52 and its 200-day moving average is $12.49.

Invvlu Mu Incm Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 14th will be issued a dividend of $0.0771 per share. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Tuesday, July 14th.

About Invvlu Mu Incm

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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.