Invmun Incom (OIA) To Go Ex-Dividend on October 14th

Invmun Incom (NYSE:OIA – Get Free Report) declared a monthly dividend on Thursday, October 1st. Investors of record on Wednesday, October 14th will be paid a dividend of $0.0291 per share by the investment management company on Friday, October 30th. This represents a $0.35 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Wednesday, October 14th.

Invmun Incom Stock Performance

Shares of OIA stock opened at $5.58 on Friday. The business has a fifty day moving average of $5.91 and a 200 day moving average of $6.05. Invmun Incom has a 1 year low of $5.09 and a 1 year high of $6.40.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of OIA. Cetera Investment Advisers boosted its position in Invmun Incom by 8.4% in the first quarter. Cetera Investment Advisers now owns 96,513 shares of the investment management company’s stock valued at $593,000 after buying an additional 7,504 shares during the last quarter. Rivernorth Capital Management LLC purchased a new position in Invmun Incom during the 2nd quarter worth approximately $387,000. Van ECK Associates Corp lifted its stake in Invmun Incom by 3.7% during the 2nd quarter. Van ECK Associates Corp now owns 284,491 shares of the investment management company’s stock valued at $1,767,000 after acquiring an additional 10,076 shares during the period. NewEdge Advisors LLC lifted its stake in Invmun Incom by 85.2% during the 2nd quarter. NewEdge Advisors LLC now owns 99,451 shares of the investment management company’s stock valued at $618,000 after acquiring an additional 45,739 shares during the period. Finally, Readystate Asset Management LP purchased a new stake in shares of Invmun Incom in the 2nd quarter valued at $174,000. 12.57% of the stock is currently owned by hedge funds and other institutional investors.

Invmun Incom Company Profile

(Get Free Report)

Invesco Municipal Opportunity Trust (NYSE: OIA) is a closed-end investment company managed by Invesco Ltd. The fund seeks to provide a high level of current income that is exempt from regular federal income tax.

To pursue its objective, the trust invests primarily in municipal securities issued by states, municipalities and other public authorities in the United States. These securities may help finance public infrastructure and services, including transportation, education, health care, utilities and other governmental projects.

As a closed-end fund, OIA’s portfolio is professionally managed and its shares trade on the New York Stock Exchange.

See Also

Dividend History for Invmun Incom (NYSE:OIA)

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