Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) is Robinson Capital Management LLC’s 7th Largest Position

Robinson Capital Management LLC increased its holdings in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 9.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,224,564 shares of the financial services provider’s stock after buying an additional 110,696 shares during the period. Invesco Advantage Municipal Income Trust II accounts for approximately 4.3% of Robinson Capital Management LLC’s portfolio, making the stock its 7th largest holding. Robinson Capital Management LLC’s holdings in Invesco Advantage Municipal Income Trust II were worth $10,703,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VKI. FSA Wealth Management LLC bought a new stake in Invesco Advantage Municipal Income Trust II during the third quarter worth about $28,000. Fortitude Family Office LLC lifted its position in Invesco Advantage Municipal Income Trust II by 66.2% in the 3rd quarter. Fortitude Family Office LLC now owns 5,816 shares of the financial services provider’s stock worth $54,000 after buying an additional 2,316 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Invesco Advantage Municipal Income Trust II by 37.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 10,317 shares of the financial services provider’s stock worth $90,000 after buying an additional 2,800 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Invesco Advantage Municipal Income Trust II in the third quarter worth approximately $93,000. Finally, Larson Financial Group LLC grew its position in Invesco Advantage Municipal Income Trust II by 232.4% during the third quarter. Larson Financial Group LLC now owns 11,300 shares of the financial services provider’s stock valued at $105,000 after acquiring an additional 7,900 shares during the last quarter. Institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Up 0.6 %

Shares of VKI opened at $8.99 on Tuesday. Invesco Advantage Municipal Income Trust II has a fifty-two week low of $8.14 and a fifty-two week high of $9.42.

Invesco Advantage Municipal Income Trust II Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be given a dividend of $0.0559 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.67 annualized dividend and a yield of 7.46%.

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.