Hennion & Walsh Asset Management Inc. Has $7.82 Million Stock Position in Invvlu Mu Incm $IIM

Hennion & Walsh Asset Management Inc. reduced its holdings in Invvlu Mu Incm (NYSE:IIM) by 23.3% in the 4th quarter, Holdings Channel reports. The fund owned 634,555 shares of the investment management company’s stock after selling 193,120 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Invvlu Mu Incm were worth $7,818,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Aventura Private Wealth LLC purchased a new position in Invvlu Mu Incm during the 4th quarter valued at about $43,000. Smartleaf Asset Management LLC purchased a new stake in shares of Invvlu Mu Incm in the third quarter worth approximately $54,000. Wedbush Securities Inc. purchased a new stake in shares of Invvlu Mu Incm in the third quarter worth approximately $126,000. Savant Capital LLC acquired a new stake in shares of Invvlu Mu Incm during the third quarter worth approximately $144,000. Finally, XTX Topco Ltd purchased a new position in Invvlu Mu Incm during the second quarter valued at approximately $134,000. 20.73% of the stock is currently owned by institutional investors and hedge funds.

Invvlu Mu Incm Trading Up 0.1%

Invvlu Mu Incm stock opened at $11.97 on Monday. The firm’s 50 day moving average price is $12.64 and its two-hundred day moving average price is $12.53. Invvlu Mu Incm has a twelve month low of $10.96 and a twelve month high of $13.17.

Invvlu Mu Incm Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a dividend of $0.0771 per share. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Monday, March 16th.

Invvlu Mu Incm 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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.