Savant Capital LLC Acquires New Position in Invesco Advantage Municipal Income Trust II $VKI

Savant Capital LLC bought a new position in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,713 shares of the financial services provider’s stock, valued at approximately $115,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Elequin Capital LP purchased a new stake in shares of Invesco Advantage Municipal Income Trust II during the first quarter worth $96,000. TPG Advisors LLC increased its holdings in Invesco Advantage Municipal Income Trust II by 24.3% during the 2nd quarter. TPG Advisors LLC now owns 12,782 shares of the financial services provider’s stock worth $107,000 after purchasing an additional 2,500 shares during the period. Geneos Wealth Management Inc. raised its position in Invesco Advantage Municipal Income Trust II by 26.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 13,017 shares of the financial services provider’s stock valued at $111,000 after purchasing an additional 2,700 shares in the last quarter. River Street Advisors LLC purchased a new position in shares of Invesco Advantage Municipal Income Trust II in the 2nd quarter valued at about $164,000. Finally, Cetera Investment Advisers purchased a new position in shares of Invesco Advantage Municipal Income Trust II in the 1st quarter valued at about $179,000. Hedge funds and other institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Price Performance

Shares of Invesco Advantage Municipal Income Trust II stock opened at $8.81 on Friday. The business has a 50-day simple moving average of $8.85 and a 200-day simple moving average of $8.49. Invesco Advantage Municipal Income Trust II has a one year low of $7.89 and a one year high of $9.29.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, November 17th will be given a $0.0559 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%.

Invesco Advantage Municipal Income Trust II Profile

Invesco Advantage Municipal Income Trust II 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.