International Assets Investment Management LLC Purchases 33,691 Shares of Invesco Quality Municipal Income Trust (NYSE:IQI)

International Assets Investment Management LLC lifted its position in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) by 959.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,201 shares of the financial services provider’s stock after purchasing an additional 33,691 shares during the quarter. International Assets Investment Management LLC’s holdings in Invesco Quality Municipal Income Trust were worth $3,563,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James & Associates boosted its position in shares of Invesco Quality Municipal Income Trust by 3.4% during the second quarter. Raymond James & Associates now owns 761,804 shares of the financial services provider’s stock worth $7,557,000 after purchasing an additional 24,912 shares in the last quarter. Atomi Financial Group Inc. lifted its position in Invesco Quality Municipal Income Trust by 5.2% in the 2nd quarter. Atomi Financial Group Inc. now owns 21,123 shares of the financial services provider’s stock valued at $210,000 after acquiring an additional 1,038 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in Invesco Quality Municipal Income Trust by 54.4% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 842,239 shares of the financial services provider’s stock valued at $8,355,000 after acquiring an additional 296,661 shares in the last quarter. Van ECK Associates Corp lifted its position in Invesco Quality Municipal Income Trust by 14.1% in the 1st quarter. Van ECK Associates Corp now owns 459,213 shares of the financial services provider’s stock valued at $4,445,000 after acquiring an additional 56,896 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in Invesco Quality Municipal Income Trust by 161.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 38,697 shares of the financial services provider’s stock valued at $375,000 after acquiring an additional 23,892 shares in the last quarter.

Invesco Quality Municipal Income Trust Stock Down 0.6 %

IQI opened at $10.03 on Friday. Invesco Quality Municipal Income Trust has a 12 month low of $8.41 and a 12 month high of $10.53. The firm’s fifty day simple moving average is $10.26 and its 200 day simple moving average is $9.99.

Invesco Quality Municipal Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 16th were given a $0.0631 dividend. The ex-dividend date of this dividend was Wednesday, October 16th. This represents a $0.76 annualized dividend and a yield of 7.55%.

About Invesco Quality Municipal Income Trust

Invesco Quality 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 Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.