Signaturefd LLC Purchases New Holdings in Invesco Quality Municipal Income Trust (NYSE:IQI)

Signaturefd LLC acquired a new stake in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,361 shares of the financial services provider’s stock, valued at approximately $43,000.

A number of other hedge funds also recently added to or reduced their stakes in IQI. Atala Financial Inc purchased a new stake in shares of Invesco Quality Municipal Income Trust during the fourth quarter worth approximately $101,000. Fortitude Advisory Group L.L.C. purchased a new position in Invesco Quality Municipal Income Trust during the 4th quarter worth $101,000. Worth Asset Management LLC acquired a new stake in shares of Invesco Quality Municipal Income Trust in the 4th quarter worth $102,000. Larson Financial Group LLC boosted its holdings in shares of Invesco Quality Municipal Income Trust by 234.1% in the third quarter. Larson Financial Group LLC now owns 11,025 shares of the financial services provider’s stock valued at $115,000 after acquiring an additional 7,725 shares in the last quarter. Finally, Noble Wealth Management PBC acquired a new position in shares of Invesco Quality Municipal Income Trust during the fourth quarter worth about $123,000.

Invesco Quality Municipal Income Trust Stock Performance

Shares of NYSE:IQI opened at $9.71 on Wednesday. Invesco Quality Municipal Income Trust has a 52 week low of $9.23 and a 52 week high of $10.53. The company has a 50-day moving average price of $9.92 and a 200 day moving average price of $10.04.

Invesco Quality Municipal Income 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 paid a dividend of $0.0631 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.80%. The ex-dividend date of this dividend is Wednesday, April 16th.

About Invesco Quality Municipal Income Trust

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.