Capital Investment Advisors LLC Lowers Stock Holdings in Invesco Advantage Municipal Income Trust II $VKI

Capital Investment Advisors LLC trimmed its holdings in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 9.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 63,827 shares of the financial services provider’s stock after selling 6,530 shares during the period. Capital Investment Advisors LLC’s holdings in Invesco Advantage Municipal Income Trust II were worth $534,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in VKI. Nuveen Asset Management LLC lifted its holdings in shares of Invesco Advantage Municipal Income Trust II by 7.5% during the fourth quarter. Nuveen Asset Management LLC now owns 43,232 shares of the financial services provider’s stock valued at $378,000 after purchasing an additional 3,000 shares during the last quarter. TPG Advisors LLC purchased a new position in shares of Invesco Advantage Municipal Income Trust II during the first quarter valued at approximately $88,000. World Investment Advisors lifted its holdings in shares of Invesco Advantage Municipal Income Trust II by 47.1% during the first quarter. World Investment Advisors now owns 157,212 shares of the financial services provider’s stock valued at $1,343,000 after purchasing an additional 50,350 shares during the last quarter. Formidable Asset Management LLC purchased a new position in shares of Invesco Advantage Municipal Income Trust II during the first quarter valued at approximately $109,000. Finally, Cetera Investment Advisers purchased a new position in shares of Invesco Advantage Municipal Income Trust II during the first quarter valued at approximately $179,000. 27.52% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Advantage Municipal Income Trust II Stock Performance

Shares of NYSEAMERICAN VKI opened at $8.85 on Friday. Invesco Advantage Municipal Income Trust II has a twelve month low of $7.89 and a twelve month high of $9.37. The company has a 50 day moving average of $8.46 and a 200 day moving average of $8.37.

Invesco Advantage Municipal Income Trust II Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Thursday, October 16th will be issued a $0.0559 dividend. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Thursday, October 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.