Invesco Quality Municipal Income Trust (NYSE:IQI) Stock Holdings Lifted by Wolverine Asset Management LLC

Wolverine Asset Management LLC raised its position in Invesco Quality Municipal Income Trust (NYSE:IQI) by 718.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 40,250 shares of the financial services provider’s stock after buying an additional 35,333 shares during the quarter. Wolverine Asset Management LLC’s holdings in Invesco Quality Municipal Income Trust were worth $383,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James & Associates boosted its stake in shares of Invesco Quality Municipal Income Trust by 10.5% during the 4th quarter. Raymond James & Associates now owns 757,540 shares of the financial services provider’s stock worth $7,204,000 after acquiring an additional 71,988 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of Invesco Quality Municipal Income Trust by 2,938.2% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 791,955 shares of the financial services provider’s stock worth $7,531,000 after acquiring an additional 765,888 shares in the last quarter. Davis Investment Partners LLC bought a new stake in shares of Invesco Quality Municipal Income Trust during the 4th quarter worth about $346,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Invesco Quality Municipal Income Trust by 10.1% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 135,117 shares of the financial services provider’s stock worth $1,285,000 after acquiring an additional 12,439 shares in the last quarter. Finally, Robinson Capital Management LLC boosted its stake in shares of Invesco Quality Municipal Income Trust by 76.3% during the 3rd quarter. Robinson Capital Management LLC now owns 189,018 shares of the financial services provider’s stock worth $1,584,000 after acquiring an additional 81,813 shares in the last quarter.

Invesco Quality Municipal Income Trust Trading Up 0.3 %

IQI opened at $9.32 on Friday. The stock has a 50-day moving average of $9.53 and a 200-day moving average of $9.27. Invesco Quality Municipal Income Trust has a 52-week low of $8.05 and a 52-week high of $9.84.

Invesco Quality Municipal Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be paid a dividend of $0.0403 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.48 annualized dividend and a yield of 5.19%.

About Invesco Quality Municipal Income Trust

Invesco Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.