Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) Shares Sold by Van ECK Associates Corp

Van ECK Associates Corp trimmed its position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 5.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 188,909 shares of the financial services provider’s stock after selling 11,860 shares during the period. Van ECK Associates Corp’s holdings in Invesco Advantage Municipal Income Trust II were worth $2,239,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. UBS Group AG increased its position in shares of Invesco Advantage Municipal Income Trust II by 0.9% during the first quarter. UBS Group AG now owns 545,380 shares of the financial services provider’s stock worth $6,463,000 after purchasing an additional 4,898 shares in the last quarter. Fiera Capital Corp raised its position in shares of Invesco Advantage Municipal Income Trust II by 2.1% in the fourth quarter. Fiera Capital Corp now owns 265,330 shares of the financial services provider’s stock valued at $3,011,000 after buying an additional 5,433 shares during the last quarter. Baird Financial Group Inc. lifted its stake in shares of Invesco Advantage Municipal Income Trust II by 7.2% in the first quarter. Baird Financial Group Inc. now owns 182,216 shares of the financial services provider’s stock worth $2,159,000 after buying an additional 12,206 shares in the last quarter. Wells Fargo & Company MN boosted its position in Invesco Advantage Municipal Income Trust II by 25.6% during the fourth quarter. Wells Fargo & Company MN now owns 154,803 shares of the financial services provider’s stock worth $1,757,000 after acquiring an additional 31,515 shares during the last quarter. Finally, Wedbush Securities Inc. raised its holdings in Invesco Advantage Municipal Income Trust II by 21.9% in the 1st quarter. Wedbush Securities Inc. now owns 67,545 shares of the financial services provider’s stock valued at $800,000 after acquiring an additional 12,145 shares during the last quarter. Institutional investors and hedge funds own 16.32% of the company’s stock.

NYSEAMERICAN:VKI opened at $12.17 on Friday. Invesco Advantage Municipal Income Trust II has a one year low of $10.42 and a one year high of $12.45. The firm has a 50 day moving average of $11.13.

The business also recently declared a monthly dividend, which will be paid on Wednesday, June 30th. Stockholders of record on Monday, June 14th will be issued a dividend of $0.0485 per share. The ex-dividend date of this dividend is Friday, June 11th. This represents a $0.58 annualized dividend and a dividend yield of 4.78%.

About Invesco Advantage Municipal Income Trust II

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.

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Institutional Ownership by Quarter for Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

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