Invesco Municipal Income Opp Trust (OIA) Sets New 52-Week Low at $7.28

Invesco Municipal Income Opp Trust (NYSE:OIA) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $7.28 and last traded at $7.29, with a volume of 600 shares traded. The stock had previously closed at $7.36.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Tuesday, October 16th were paid a dividend of $0.0328 per share. The ex-dividend date of this dividend was Monday, October 15th. This represents a $0.39 annualized dividend and a yield of 5.41%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James & Associates grew its stake in Invesco Municipal Income Opp Trust by 23.8% during the second quarter. Raymond James & Associates now owns 44,832 shares of the investment management company’s stock worth $338,000 after buying an additional 8,632 shares during the period. IFP Advisors Inc raised its holdings in shares of Invesco Municipal Income Opp Trust by 27.1% during the third quarter. IFP Advisors Inc now owns 48,547 shares of the investment management company’s stock worth $373,000 after purchasing an additional 10,341 shares during the period. Van ECK Associates Corp raised its holdings in shares of Invesco Municipal Income Opp Trust by 16.3% during the second quarter. Van ECK Associates Corp now owns 85,130 shares of the investment management company’s stock worth $643,000 after purchasing an additional 11,936 shares during the period. Amarillo National Bank acquired a new stake in shares of Invesco Municipal Income Opp Trust during the third quarter worth $101,000. Finally, RFG Advisory Group LLC bought a new position in shares of Invesco Municipal Income Opp Trust during the second quarter worth about $136,000. Institutional investors own 5.82% of the company’s stock.

Invesco Municipal Income Opp Trust Company Profile (NYSE:OIA)

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.

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