13,697 Shares in Invesco Value Municipal Income Trust (NYSE:IIM) Bought by Callahan Advisors LLC

Callahan Advisors LLC acquired a new stake in shares of Invesco Value Municipal Income Trust (NYSE:IIM) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 13,697 shares of the investment management company’s stock, valued at approximately $163,000.

Several other hedge funds also recently added to or reduced their stakes in IIM. Larson Financial Group LLC increased its stake in Invesco Value Municipal Income Trust by 233.3% in the third quarter. Larson Financial Group LLC now owns 2,000 shares of the investment management company’s stock worth $26,000 after purchasing an additional 1,400 shares during the period. Allworth Financial LP grew its holdings in shares of Invesco Value Municipal Income Trust by 310.0% in the fourth quarter. Allworth Financial LP now owns 2,255 shares of the investment management company’s stock worth $27,000 after purchasing an additional 1,705 shares during the last quarter. Signaturefd LLC increased its stake in Invesco Value Municipal Income Trust by 1,156.7% in the 3rd quarter. Signaturefd LLC now owns 2,526 shares of the investment management company’s stock worth $33,000 after buying an additional 2,325 shares during the period. Avior Wealth Management LLC purchased a new position in Invesco Value Municipal Income Trust in the 4th quarter worth about $54,000. Finally, D.A. Davidson & CO. raised its stake in shares of Invesco Value Municipal Income Trust by 13.9% during the fourth quarter. D.A. Davidson & CO. now owns 12,258 shares of the investment management company’s stock valued at $146,000 after acquiring an additional 1,500 shares in the last quarter. 20.73% of the stock is currently owned by institutional investors.

Invesco Value Municipal Income Trust Price Performance

Shares of NYSE:IIM opened at $12.43 on Wednesday. The business’s 50 day moving average is $12.06 and its 200 day moving average is $12.44. Invesco Value Municipal Income Trust has a 52-week low of $11.28 and a 52-week high of $13.10.

Invesco Value Municipal Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a dividend of $0.0771 per share. This represents a $0.93 annualized dividend and a yield of 7.45%. The ex-dividend date is Tuesday, February 18th.

Invesco Value Municipal Income Trust Company Profile

Invesco Value 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 (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.