Rareview Capital LLC Buys 1,365 Shares of Invesco Value Municipal Income Trust (NYSE:IIM)

Rareview Capital LLC lifted its holdings in shares of Invesco Value Municipal Income Trust (NYSE:IIM) by 0.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,852 shares of the investment management company’s stock after purchasing an additional 1,365 shares during the period. Invesco Value Municipal Income Trust accounts for about 1.4% of Rareview Capital LLC’s portfolio, making the stock its 25th biggest position. Rareview Capital LLC’s holdings in Invesco Value Municipal Income Trust were worth $1,943,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Van ECK Associates Corp boosted its position in shares of Invesco Value Municipal Income Trust by 28.3% during the 4th quarter. Van ECK Associates Corp now owns 351,719 shares of the investment management company’s stock valued at $4,182,000 after purchasing an additional 77,513 shares in the last quarter. Stifel Financial Corp boosted its position in shares of Invesco Value Municipal Income Trust by 43.2% during the 3rd quarter. Stifel Financial Corp now owns 70,539 shares of the investment management company’s stock valued at $909,000 after purchasing an additional 21,271 shares in the last quarter. D.A. Davidson & CO. boosted its position in shares of Invesco Value Municipal Income Trust by 13.9% during the 4th quarter. D.A. Davidson & CO. now owns 12,258 shares of the investment management company’s stock valued at $146,000 after purchasing an additional 1,500 shares in the last quarter. Allworth Financial LP boosted its position in shares of Invesco Value Municipal Income Trust by 310.0% during the 4th quarter. Allworth Financial LP now owns 2,255 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 1,705 shares in the last quarter. Finally, Rockefeller Capital Management L.P. boosted its position in shares of Invesco Value Municipal Income Trust by 1.6% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 132,159 shares of the investment management company’s stock valued at $1,702,000 after purchasing an additional 2,120 shares in the last quarter. Institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Performance

Shares of Invesco Value Municipal Income Trust stock opened at $12.16 on Friday. Invesco Value Municipal Income Trust has a one year low of $11.28 and a one year high of $13.10. The stock’s 50-day moving average is $12.18 and its 200 day moving average is $12.40.

Invesco Value Municipal Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.0771 per share. This represents a $0.93 dividend on an annualized basis and a yield of 7.61%. The ex-dividend date is Monday, March 17th.

About Invesco Value Municipal Income Trust

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.