Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Shares Sold by Fiera Capital Corp

Fiera Capital Corp lessened its position in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 7.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 359,268 shares of the financial services provider’s stock after selling 27,092 shares during the quarter. Fiera Capital Corp’s holdings in Invesco Advantage Municipal Income Trust II were worth $3,068,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can lifted its stake in shares of Invesco Advantage Municipal Income Trust II by 4.6% in the fourth quarter. Bank of Montreal Can now owns 27,584 shares of the financial services provider’s stock worth $241,000 after buying an additional 1,224 shares in the last quarter. Nuveen Asset Management LLC lifted its stake in shares of Invesco Advantage Municipal Income Trust II by 7.5% in the fourth quarter. Nuveen Asset Management LLC now owns 43,232 shares of the financial services provider’s stock worth $378,000 after buying an additional 3,000 shares in the last quarter. Sit Investment Associates Inc. lifted its stake in shares of Invesco Advantage Municipal Income Trust II by 1.6% in the fourth quarter. Sit Investment Associates Inc. now owns 639,093 shares of the financial services provider’s stock worth $5,586,000 after buying an additional 10,000 shares in the last quarter. TPG Advisors LLC acquired a new stake in Invesco Advantage Municipal Income Trust II during the first quarter worth about $88,000. Finally, Stifel Financial Corp increased its position in Invesco Advantage Municipal Income Trust II by 8.1% during the fourth quarter. Stifel Financial Corp now owns 166,862 shares of the financial services provider’s stock worth $1,458,000 after purchasing an additional 12,571 shares during the last quarter. Institutional investors and hedge funds own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Performance

Invesco Advantage Municipal Income Trust II stock opened at $8.17 on Thursday. Invesco Advantage Municipal Income Trust II has a 12-month low of $7.89 and a 12-month high of $9.42. The company has a 50-day moving average price of $8.24 and a 200 day moving average price of $8.49.

Invesco Advantage Municipal Income Trust II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, July 31st. Investors of record on Wednesday, July 16th will be given a dividend of $0.0559 per share. This represents a $0.67 annualized dividend and a yield of 8.21%. The ex-dividend date of this dividend is Wednesday, July 16th.

Invesco Advantage Municipal Income Trust II 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.