Logan Stone Capital LLC Cuts Stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Logan Stone Capital LLC cut its stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 52.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 308,222 shares of the financial services provider’s stock after selling 343,909 shares during the period. Logan Stone Capital LLC’s holdings in Invesco Advantage Municipal Income Trust II were worth $2,734,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Karpus Management Inc. increased its stake in Invesco Advantage Municipal Income Trust II by 19.5% during the first quarter. Karpus Management Inc. now owns 1,126,168 shares of the financial services provider’s stock worth $9,572,000 after acquiring an additional 184,031 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its holdings in Invesco Advantage Municipal Income Trust II by 6.0% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 942,260 shares of the financial services provider’s stock valued at $8,358,000 after buying an additional 52,966 shares during the period. Robinson Capital Management LLC lifted its position in Invesco Advantage Municipal Income Trust II by 33.7% during the first quarter. Robinson Capital Management LLC now owns 934,299 shares of the financial services provider’s stock valued at $7,786,000 after buying an additional 235,324 shares in the last quarter. Van ECK Associates Corp grew its stake in Invesco Advantage Municipal Income Trust II by 5.4% during the first quarter. Van ECK Associates Corp now owns 355,011 shares of the financial services provider’s stock worth $3,018,000 after buying an additional 18,117 shares during the period. Finally, Bank of New York Mellon Corp increased its position in shares of Invesco Advantage Municipal Income Trust II by 2.2% in the second quarter. Bank of New York Mellon Corp now owns 93,409 shares of the financial services provider’s stock worth $829,000 after acquiring an additional 2,010 shares in the last quarter. 27.52% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Advantage Municipal Income Trust II Stock Down 0.3 %

Shares of VKI stock opened at $9.22 on Friday. Invesco Advantage Municipal Income Trust II has a 52 week low of $7.07 and a 52 week high of $9.42.

Invesco Advantage Municipal Income Trust II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th will be given a $0.0559 dividend. This represents a $0.67 annualized dividend and a yield of 7.28%. The ex-dividend date of this dividend is Tuesday, September 17th.

Invesco Advantage Municipal Income Trust II 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.