Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Shares Purchased by Stifel Financial Corp

Stifel Financial Corp grew its stake in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 8.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 166,862 shares of the financial services provider’s stock after acquiring an additional 12,571 shares during the period. Stifel Financial Corp’s holdings in Invesco Advantage Municipal Income Trust II were worth $1,458,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Madison Park Capital Advisors LLC lifted its stake in Invesco Advantage Municipal Income Trust II by 31.9% during the fourth quarter. Madison Park Capital Advisors LLC now owns 41,492 shares of the financial services provider’s stock worth $363,000 after purchasing an additional 10,028 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in shares of Invesco Advantage Municipal Income Trust II by 37.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 10,317 shares of the financial services provider’s stock worth $90,000 after buying an additional 2,800 shares during the last quarter. Absolute Investment Advisers LLC acquired a new position in shares of Invesco Advantage Municipal Income Trust II in the 4th quarter valued at about $630,000. Indiana Trust & Investment Management Co grew its position in shares of Invesco Advantage Municipal Income Trust II by 1.8% during the 4th quarter. Indiana Trust & Investment Management Co now owns 123,303 shares of the financial services provider’s stock valued at $1,078,000 after buying an additional 2,212 shares during the last quarter. Finally, Van ECK Associates Corp raised its stake in Invesco Advantage Municipal Income Trust II by 3.4% during the fourth quarter. Van ECK Associates Corp now owns 329,749 shares of the financial services provider’s stock worth $2,882,000 after acquiring an additional 10,839 shares during the period. Institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Performance

Shares of VKI stock opened at $8.50 on Thursday. The business has a 50 day moving average of $8.49 and a two-hundred day moving average of $8.69. Invesco Advantage Municipal Income Trust II has a 52 week low of $7.89 and a 52 week high of $9.42.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a dividend of $0.0559 per share. The ex-dividend date is Friday, May 16th. This represents a $0.67 dividend on an annualized basis and a yield of 7.89%.

Invesco Advantage Municipal Income Trust II Company Profile

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.