AlphaStar Capital Management LLC Takes Position in Invesco Municipal Income Opportunities Trust (NYSE:OIA)

AlphaStar Capital Management LLC acquired a new position in Invesco Municipal Income Opportunities Trust (NYSE:OIA) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 14,000 shares of the investment management company’s stock, valued at approximately $83,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OIA. Sanctuary Advisors LLC bought a new stake in shares of Invesco Municipal Income Opportunities Trust during the second quarter worth approximately $278,000. Farther Finance Advisors LLC increased its position in shares of Invesco Municipal Income Opportunities Trust by 32.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 91,432 shares of the investment management company’s stock valued at $627,000 after buying an additional 22,308 shares in the last quarter. Horizon Kinetics Asset Management LLC acquired a new stake in Invesco Municipal Income Opportunities Trust during the 3rd quarter worth $137,000. Janney Montgomery Scott LLC bought a new position in shares of Invesco Municipal Income Opportunities Trust during the 4th quarter valued at about $111,000. Finally, Cornerstone Wealth Management LLC acquired a new position in shares of Invesco Municipal Income Opportunities Trust in the fourth quarter valued at approximately $65,000. 12.57% of the stock is owned by institutional investors.

Invesco Municipal Income Opportunities Trust Stock Down 0.4 %

Shares of NYSE OIA opened at $6.13 on Monday. Invesco Municipal Income Opportunities Trust has a 1-year low of $5.78 and a 1-year high of $6.99. The company has a fifty day moving average price of $6.13 and a 200 day moving average price of $6.44.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be given a $0.0291 dividend. This represents a $0.35 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date is Tuesday, February 18th.

About Invesco Municipal Income Opportunities Trust

Invesco Municipal Income Opportunities 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.