MML Investors Services LLC Reduces Holdings in Invesco Municipal Income Opportunities Trust (NYSE:OIA)

MML Investors Services LLC lessened its holdings in Invesco Municipal Income Opportunities Trust (NYSE:OIA) by 5.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 90,410 shares of the investment management company’s stock after selling 5,413 shares during the period. MML Investors Services LLC owned 0.19% of Invesco Municipal Income Opportunities Trust worth $620,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Rockefeller Capital Management L.P. lifted its stake in Invesco Municipal Income Opportunities Trust by 19.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 64,063 shares of the investment management company’s stock valued at $439,000 after buying an additional 10,217 shares in the last quarter. Creekside Partners purchased a new stake in shares of Invesco Municipal Income Opportunities Trust in the second quarter valued at $95,000. Providence First Trust Co boosted its stake in shares of Invesco Municipal Income Opportunities Trust by 61.4% during the second quarter. Providence First Trust Co now owns 41,974 shares of the investment management company’s stock valued at $267,000 after acquiring an additional 15,974 shares during the last quarter. Wolverine Asset Management LLC purchased a new stake in Invesco Municipal Income Opportunities Trust during the 2nd quarter worth about $119,000. Finally, Horizon Kinetics Asset Management LLC acquired a new position in Invesco Municipal Income Opportunities Trust in the 3rd quarter valued at about $137,000. 12.57% of the stock is currently owned by institutional investors and hedge funds.

Invesco Municipal Income Opportunities Trust Stock Up 0.5 %

Invesco Municipal Income Opportunities Trust stock opened at $5.95 on Friday. Invesco Municipal Income Opportunities Trust has a 12-month low of $5.88 and a 12-month high of $6.99. The firm’s 50-day moving average is $6.54 and its two-hundred day moving average is $6.51.

Invesco Municipal Income Opportunities Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be given a dividend of $0.0291 per share. The ex-dividend date of this dividend is Tuesday, December 17th. This represents a $0.35 dividend on an annualized basis and a yield of 5.87%.

Invesco Municipal Income Opportunities Trust Profile

Invesco Municipal Income Opportunities 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.