Raymond James Financial Inc. acquired a new stake in Invesco Municipal Income Opportunities Trust (NYSE:OIA - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 164,959 shares of the investment management company's stock, valued at approximately $973,000. Raymond James Financial Inc. owned about 0.35% of Invesco Municipal Income Opportunities Trust at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Cornerstone Wealth Management LLC acquired a new stake in Invesco Municipal Income Opportunities Trust during the 4th quarter worth $65,000. Virtu Financial LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust in the third quarter valued at about $72,000. AlphaStar Capital Management LLC acquired a new stake in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter worth about $83,000. Janney Montgomery Scott LLC purchased a new position in shares of Invesco Municipal Income Opportunities Trust during the fourth quarter worth about $111,000. Finally, RFG Advisory LLC increased its position in Invesco Municipal Income Opportunities Trust by 24.4% in the 4th quarter. RFG Advisory LLC now owns 40,859 shares of the investment management company's stock valued at $241,000 after acquiring an additional 8,027 shares during the period. 12.57% of the stock is owned by institutional investors and hedge funds.
Invesco Municipal Income Opportunities Trust Stock Up 1.8 %
Invesco Municipal Income Opportunities Trust stock traded up $0.10 during mid-day trading on Wednesday, reaching $5.74. 346,427 shares of the company were exchanged, compared to its average volume of 107,020. The firm's 50-day simple moving average is $6.05 and its two-hundred day simple moving average is $6.29. Invesco Municipal Income Opportunities Trust has a twelve month low of $5.44 and a twelve month high of $6.99.
Invesco Municipal Income Opportunities Trust Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a dividend of $0.0291 per share. This represents a $0.35 annualized dividend and a dividend yield of 6.08%. The ex-dividend date of this dividend is Wednesday, April 16th.
Invesco Municipal Income Opportunities Trust Company Profile
(
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.
See Also
Before you consider Invesco Municipal Income Opportunities Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Invesco Municipal Income Opportunities Trust wasn't on the list.
While Invesco Municipal Income Opportunities Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
