Van ECK Associates Corp Has $2.88 Million Holdings in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Van ECK Associates Corp boosted its holdings in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 3.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 329,749 shares of the financial services provider’s stock after purchasing an additional 10,839 shares during the quarter. Van ECK Associates Corp’s holdings in Invesco Advantage Municipal Income Trust II were worth $2,882,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of VKI. Advisors Asset Management Inc. raised its stake in shares of Invesco Advantage Municipal Income Trust II by 65.3% in the third quarter. Advisors Asset Management Inc. now owns 204,041 shares of the financial services provider’s stock worth $1,900,000 after purchasing an additional 80,607 shares during the last quarter. Absolute Investment Advisers LLC bought a new stake in Invesco Advantage Municipal Income Trust II during the fourth quarter worth $630,000. Stifel Financial Corp raised its position in Invesco Advantage Municipal Income Trust II by 58.4% in the 3rd quarter. Stifel Financial Corp now owns 154,291 shares of the financial services provider’s stock valued at $1,436,000 after buying an additional 56,874 shares during the last quarter. World Investment Advisors LLC lifted its stake in Invesco Advantage Municipal Income Trust II by 84.9% during the 3rd quarter. World Investment Advisors LLC now owns 108,462 shares of the financial services provider’s stock valued at $1,010,000 after acquiring an additional 49,807 shares in the last quarter. Finally, Moloney Securities Asset Management LLC bought a new position in Invesco Advantage Municipal Income Trust II during the 3rd quarter valued at $116,000. Institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Trading Down 0.3 %

NYSEAMERICAN VKI opened at $8.96 on Friday. Invesco Advantage Municipal Income Trust II has a 1 year low of $8.14 and a 1 year high of $9.42.

Invesco Advantage Municipal Income Trust II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be paid a $0.0559 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.67 annualized dividend and a yield of 7.49%.

About Invesco Advantage Municipal Income Trust II

Invesco Advantage Municipal Income Trust II 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.