Logan Stone Capital LLC Sells 155,793 Shares of Invesco Value Municipal Income Trust (NYSE:IIM)

Logan Stone Capital LLC reduced its position in Invesco Value Municipal Income Trust (NYSE:IIM) by 25.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 447,765 shares of the investment management company’s stock after selling 155,793 shares during the quarter. Invesco Value Municipal Income Trust accounts for approximately 1.4% of Logan Stone Capital LLC’s holdings, making the stock its 14th biggest holding. Logan Stone Capital LLC’s holdings in Invesco Value Municipal Income Trust were worth $5,525,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wealthspire Advisors LLC bought a new stake in Invesco Value Municipal Income Trust during the 2nd quarter valued at about $1,180,000. NINE MASTS CAPITAL Ltd raised its position in Invesco Value Municipal Income Trust by 43.1% during the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 105,345 shares of the investment management company’s stock valued at $1,300,000 after purchasing an additional 31,715 shares in the last quarter. Wedbush Securities Inc. lifted its holdings in shares of Invesco Value Municipal Income Trust by 17.7% in the 2nd quarter. Wedbush Securities Inc. now owns 13,279 shares of the investment management company’s stock worth $164,000 after buying an additional 2,000 shares during the period. TIAA Trust National Association bought a new position in shares of Invesco Value Municipal Income Trust during the 2nd quarter worth $152,000. Finally, Commonwealth Equity Services LLC increased its stake in shares of Invesco Value Municipal Income Trust by 32.0% during the second quarter. Commonwealth Equity Services LLC now owns 136,028 shares of the investment management company’s stock valued at $1,679,000 after buying an additional 32,958 shares during the period. 20.73% of the stock is owned by institutional investors.

Invesco Value Municipal Income Trust Stock Up 0.2 %

NYSE:IIM opened at $12.84 on Friday. Invesco Value Municipal Income Trust has a 1-year low of $9.94 and a 1-year high of $13.10. The company has a 50-day moving average of $12.69 and a 200 day moving average of $12.16.

Invesco Value Municipal Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 17th will be issued a dividend of $0.0771 per share. This represents a $0.93 annualized dividend and a yield of 7.21%. The ex-dividend date of this dividend is Tuesday, September 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.