Invesco Quality Municipal Income Trust (NYSE:IQI) Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp lessened its stake in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) by 1.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 380,611 shares of the financial services provider’s stock after selling 7,021 shares during the period. Van ECK Associates Corp’s holdings in Invesco Quality Municipal Income Trust were worth $3,818,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Invesco Quality Municipal Income Trust by 54.4% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 842,239 shares of the financial services provider’s stock valued at $8,355,000 after purchasing an additional 296,661 shares during the last quarter. City of London Investment Management Co. Ltd. lifted its stake in Invesco Quality Municipal Income Trust by 488.3% during the first quarter. City of London Investment Management Co. Ltd. now owns 356,298 shares of the financial services provider’s stock valued at $3,449,000 after buying an additional 295,738 shares in the last quarter. Karpus Management Inc. boosted its holdings in shares of Invesco Quality Municipal Income Trust by 8.8% in the first quarter. Karpus Management Inc. now owns 2,983,991 shares of the financial services provider’s stock worth $28,885,000 after buying an additional 242,204 shares during the period. Rothschild Investment LLC acquired a new position in shares of Invesco Quality Municipal Income Trust in the second quarter worth about $1,803,000. Finally, JFS Wealth Advisors LLC increased its position in shares of Invesco Quality Municipal Income Trust by 1,618.1% in the third quarter. JFS Wealth Advisors LLC now owns 143,790 shares of the financial services provider’s stock worth $1,501,000 after acquiring an additional 135,421 shares in the last quarter.

Invesco Quality Municipal Income Trust Stock Up 0.4 %

Shares of Invesco Quality Municipal Income Trust stock opened at $10.11 on Friday. Invesco Quality Municipal Income Trust has a 12 month low of $8.66 and a 12 month high of $10.53. The business has a fifty day simple moving average of $10.25 and a 200-day simple moving average of $10.02.

Invesco Quality Municipal Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a $0.0631 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.49%.

Invesco Quality Municipal Income Trust Company Profile

Invesco Quality Municipal Income 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.