Farther Finance Advisors LLC cut its stake in shares of Invesco Municipal Income Opportunities Trust (NYSE:OIA - Free Report) by 89.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,375 shares of the investment management company's stock after selling 82,057 shares during the period. Farther Finance Advisors LLC's holdings in Invesco Municipal Income Opportunities Trust were worth $55,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in OIA. Cornerstone Wealth Management LLC bought a new position in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter worth approximately $65,000. Virtu Financial LLC bought a new position in Invesco Municipal Income Opportunities Trust during the 3rd quarter worth $72,000. AlphaStar Capital Management LLC acquired a new stake in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter worth $83,000. Janney Montgomery Scott LLC acquired a new stake in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter worth $111,000. Finally, Horizon Kinetics Asset Management LLC bought a new stake in shares of Invesco Municipal Income Opportunities Trust in the third quarter valued at about $137,000. Institutional investors own 12.57% of the company's stock.
Invesco Municipal Income Opportunities Trust Price Performance
NYSE:OIA traded up $0.01 during mid-day trading on Thursday, reaching $6.03. 70,890 shares of the company's stock were exchanged, compared to its average volume of 124,826. Invesco Municipal Income Opportunities Trust has a one year low of $5.78 and a one year high of $6.99. The business's fifty day simple moving average is $6.10 and its two-hundred day simple moving average is $6.35.
Invesco Municipal Income Opportunities Trust Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be issued a dividend of $0.0291 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $0.35 annualized dividend and a dividend yield of 5.80%.
About Invesco Municipal Income Opportunities Trust
(
Free Report)
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.
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