Invesco Quality Municipal Income Trust (NYSE:IQI) Holdings Reduced by Capital Investment Advisors LLC


Capital Investment Advisors LLC trimmed its position in Invesco Quality Municipal Income Trust (NYSE:IQI – Get Rating) by 10.4% in the first quarter, according to its latest 13F filing with the Securities and Exchange Commission. The fund held 49,255 shares of the financial services provider after selling 5,700 shares during the quarter. Capital Investment Advisors LLC’s holdings in Invesco Quality Municipal Income Trust were worth $558,000 when it was last filed with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently changed their holdings in the company. BOKF NA increased its stake in Invesco Quality Municipal Income Trust by 5.4% during the 4th quarter. BOKF NA now owns 137,500 shares of the financial services provider worth $1,869,000 after buying an additional 7,000 shares in the last quarter. Eaton Vance Management bought a new position in Invesco Quality Municipal Income Trust during the 4th quarter at a value of $49,000. Baird Financial Group Inc. increased its stake in Invesco Quality Municipal Income Trust by 12.3% during the fourth quarter. Baird Financial Group Inc. now owns 154,029 shares of the financial services provider worth $2,093,000 after purchasing an additional 16,823 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Invesco Quality Municipal Income Trust by 13.7% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 180,075 shares of the financial services provider worth $2,447,000 after buying an additional 21,650 shares in the last quarter. Finally, Fiera Capital Corp increased its stake in Invesco Quality Municipal Income Trust by 456.2% during the 4th quarter. Fiera Capital Corp now owns 117,051 shares of the financial services provider worth $1,591,000 after buying an additional 96,005 shares in the last quarter. Institutional investors and hedge funds own 17.04% of the company’s shares.

IQI shares opened at $9.97 on Friday. The stock has a fifty-day moving average price of $10.29 and a 200-day moving average price of $11.49. Invesco Quality Municipal Income Trust has a 12-month low of $9.66 and a 12-month high of $13.98.

The company also recently declared a monthly dividend, which will be paid on Thursday, June 30. Shareholders of record on Wednesday, June 15 will receive a dividend of $0.047 per share. The ex-dividend date is Tuesday, June 14. This represents a dividend of $0.56 on an annualized basis and a yield of 5.66%.

Invesco Quality Municipal Income Trust Company Profile (Get a rating)

Invesco Quality Municipal Income Trust is a closed-end 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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Institutional ownership by quarter for Invesco Quality Municipal Income Trust (NYSE:IQI)



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