Savvy Advisors Inc. acquired a new stake in Invesco Municipal Income Opportunities Trust (NYSE:OIA - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 107,803 shares of the investment management company's stock, valued at approximately $636,000. Savvy Advisors Inc. owned approximately 0.23% of Invesco Municipal Income Opportunities Trust at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Wolverine Asset Management LLC acquired a new position in Invesco Municipal Income Opportunities Trust in the 4th quarter valued at about $396,000. Avantax Advisory Services Inc. lifted its holdings in Invesco Municipal Income Opportunities Trust by 27.2% in the 4th quarter. Avantax Advisory Services Inc. now owns 72,817 shares of the investment management company's stock valued at $430,000 after purchasing an additional 15,587 shares in the last quarter. AlphaStar Capital Management LLC purchased a new stake in shares of Invesco Municipal Income Opportunities Trust in the fourth quarter valued at $83,000. Van ECK Associates Corp increased its position in Invesco Municipal Income Opportunities Trust by 10.0% during the fourth quarter. Van ECK Associates Corp now owns 217,955 shares of the investment management company's stock worth $1,286,000 after purchasing an additional 19,889 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in Invesco Municipal Income Opportunities Trust by 33.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 265,083 shares of the investment management company's stock worth $1,564,000 after acquiring an additional 65,856 shares during the last quarter. Institutional investors and hedge funds own 12.57% of the company's stock.
Invesco Municipal Income Opportunities Trust Stock Performance
Invesco Municipal Income Opportunities Trust stock traded up $0.04 during midday trading on Friday, hitting $5.72. 62,583 shares of the company were exchanged, compared to its average volume of 107,530. Invesco Municipal Income Opportunities Trust has a fifty-two week low of $5.43 and a fifty-two week high of $6.99. The company's fifty day moving average price is $6.00 and its 200-day moving average price is $6.25.
Invesco Municipal Income Opportunities Trust Announces Dividend
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 $0.0291 dividend. This represents a $0.35 annualized dividend and a dividend yield of 6.10%. The ex-dividend date is Wednesday, April 16th.
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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