River Street Advisors LLC Takes $106,000 Position in Invmun Incom $OIA

River Street Advisors LLC purchased a new position in shares of Invmun Incom (NYSE:OIA) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 18,450 shares of the investment management company’s stock, valued at approximately $106,000.

Several other hedge funds have also recently added to or reduced their stakes in OIA. Austin Wealth Management LLC purchased a new position in Invmun Incom in the 1st quarter valued at $62,000. Entrewealth LLC acquired a new stake in shares of Invmun Incom in the first quarter valued at about $65,000. Citadel Advisors LLC purchased a new position in shares of Invmun Incom in the fourth quarter worth about $107,000. Jane Street Group LLC acquired a new position in Invmun Incom during the fourth quarter worth about $136,000. Finally, Arkadios Wealth Advisors purchased a new stake in Invmun Incom during the 1st quarter valued at about $139,000. 12.57% of the stock is owned by institutional investors and hedge funds.

Invmun Incom Trading Up 0.2%

OIA stock opened at $6.06 on Friday. The firm has a 50-day moving average of $5.80 and a two-hundred day moving average of $5.78. Invmun Incom has a 12 month low of $5.43 and a 12 month high of $6.98.

Invmun Incom Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Thursday, October 16th will be issued a $0.0291 dividend. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Thursday, October 16th.

About Invmun Incom

Invesco Municipal Income Opportunities 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.