Invesco Quality Municipal Income Trust (IQI) Holdings Increased by First Trust Advisors LP

First Trust Advisors LP boosted its position in Invesco Quality Municipal Income Trust (NYSE:IQI) by 28.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,975 shares of the financial services provider’s stock after purchasing an additional 21,726 shares during the quarter. First Trust Advisors LP owned about 0.18% of Invesco Quality Municipal Income Trust worth $1,156,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IQI. Raymond James Financial Services Advisors Inc. purchased a new stake in Invesco Quality Municipal Income Trust in the 2nd quarter worth approximately $1,394,000. Fiera Capital Corp lifted its stake in Invesco Quality Municipal Income Trust by 68.1% in the 1st quarter. Fiera Capital Corp now owns 159,376 shares of the financial services provider’s stock worth $1,897,000 after purchasing an additional 64,579 shares in the last quarter. Stifel Financial Corp lifted its stake in Invesco Quality Municipal Income Trust by 16.1% in the 1st quarter. Stifel Financial Corp now owns 244,755 shares of the financial services provider’s stock worth $2,912,000 after purchasing an additional 33,868 shares in the last quarter. UBS Group AG lifted its stake in Invesco Quality Municipal Income Trust by 15.5% in the 1st quarter. UBS Group AG now owns 230,148 shares of the financial services provider’s stock worth $2,738,000 after purchasing an additional 30,852 shares in the last quarter. Finally, RMB Capital Management LLC lifted its stake in Invesco Quality Municipal Income Trust by 71.2% in the 1st quarter. RMB Capital Management LLC now owns 67,621 shares of the financial services provider’s stock worth $805,000 after purchasing an additional 28,126 shares in the last quarter. Institutional investors and hedge funds own 15.39% of the company’s stock.

NYSE IQI opened at $11.81 on Tuesday. Invesco Quality Municipal Income Trust has a 1 year low of $11.70 and a 1 year high of $13.04.

The company also recently announced a monthly dividend, which will be paid on Friday, September 28th. Shareholders of record on Friday, September 14th will be paid a $0.0574 dividend. This represents a $0.69 annualized dividend and a yield of 5.83%. The ex-dividend date of this dividend is Thursday, September 13th.

About Invesco Quality Municipal Income Trust

There is no company description available for Invesco Quality Municipal Income Trust.

Read More: Day Trading

Want to see what other hedge funds are holding IQI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Quality Municipal Income Trust (NYSE:IQI).

Institutional Ownership by Quarter for Invesco Quality Municipal Income Trust (NYSE:IQI)

Receive News & Ratings for Invesco Quality Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Quality Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply