Sit Investment Associates Inc. Has $5.59 Million Position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Sit Investment Associates Inc. grew its stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 1.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 639,093 shares of the financial services provider’s stock after purchasing an additional 10,000 shares during the quarter. Sit Investment Associates Inc.’s holdings in Invesco Advantage Municipal Income Trust II were worth $5,586,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of VKI. Integrated Wealth Concepts LLC acquired a new stake in Invesco Advantage Municipal Income Trust II during the 3rd quarter worth approximately $93,000. Stifel Financial Corp lifted its holdings in shares of Invesco Advantage Municipal Income Trust II by 58.4% during the third quarter. Stifel Financial Corp now owns 154,291 shares of the financial services provider’s stock worth $1,436,000 after buying an additional 56,874 shares in the last quarter. World Investment Advisors LLC boosted its position in shares of Invesco Advantage Municipal Income Trust II by 84.9% in the third quarter. World Investment Advisors LLC now owns 108,462 shares of the financial services provider’s stock valued at $1,010,000 after acquiring an additional 49,807 shares during the period. Madison Park Capital Advisors LLC grew its stake in shares of Invesco Advantage Municipal Income Trust II by 31.9% in the fourth quarter. Madison Park Capital Advisors LLC now owns 41,492 shares of the financial services provider’s stock valued at $363,000 after acquiring an additional 10,028 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its position in Invesco Advantage Municipal Income Trust II by 37.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 10,317 shares of the financial services provider’s stock worth $90,000 after acquiring an additional 2,800 shares during the period. Institutional investors and hedge funds own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Stock Performance

Shares of NYSEAMERICAN:VKI opened at $8.52 on Friday. The business’s 50 day moving average is $8.77. Invesco Advantage Municipal Income Trust II has a 1 year low of $8.14 and a 1 year high of $9.42.

Invesco Advantage Municipal Income Trust II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a $0.0559 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.87%. The ex-dividend date of this dividend is Wednesday, April 16th.

Invesco Advantage Municipal Income Trust II Company 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.