Whipplewood Advisors LLC Boosts Stake in Invvlu Mu Incm $IIM

Whipplewood Advisors LLC lifted its holdings in Invvlu Mu Incm (NYSE:IIM) by 33,000.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,462 shares of the investment management company’s stock after buying an additional 76,231 shares during the quarter. Whipplewood Advisors LLC’s holdings in Invvlu Mu Incm were worth $890,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Oppenheimer & Co. Inc. purchased a new stake in Invvlu Mu Incm during the first quarter worth $166,000. Concurrent Investment Advisors LLC purchased a new stake in Invvlu Mu Incm during the first quarter worth $150,000. Goldman Sachs Group Inc. boosted its position in Invvlu Mu Incm by 246.2% during the first quarter. Goldman Sachs Group Inc. now owns 81,747 shares of the investment management company’s stock worth $979,000 after purchasing an additional 58,134 shares in the last quarter. LPL Financial LLC boosted its position in Invvlu Mu Incm by 7.2% during the first quarter. LPL Financial LLC now owns 265,089 shares of the investment management company’s stock worth $3,173,000 after purchasing an additional 17,786 shares in the last quarter. Finally, Wagner Wealth Management LLC boosted its position in Invvlu Mu Incm by 42.6% during the second quarter. Wagner Wealth Management LLC now owns 71,377 shares of the investment management company’s stock worth $831,000 after purchasing an additional 21,311 shares in the last quarter. 20.73% of the stock is currently owned by hedge funds and other institutional investors.

Invvlu Mu Incm Trading Down 0.4%

IIM opened at $12.56 on Friday. The business’s fifty day moving average is $12.26 and its two-hundred day moving average is $11.84. Invvlu Mu Incm has a one year low of $10.96 and a one year high of $12.77.

Invvlu Mu Incm Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Thursday, October 16th will be given a $0.0771 dividend. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date is Thursday, October 16th.

Invvlu Mu Incm 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.