Hennion & Walsh Asset Management Inc. Reduces Position in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Hennion & Walsh Asset Management Inc. lessened its holdings in shares of Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) by 0.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 936,552 shares of the financial services provider’s stock after selling 5,708 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Invesco Advantage Municipal Income Trust II were worth $8,719,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of VKI. Financial Management Professionals Inc. bought a new stake in shares of Invesco Advantage Municipal Income Trust II during the first quarter valued at approximately $28,000. Larson Financial Group LLC bought a new position in Invesco Advantage Municipal Income Trust II in the second quarter worth approximately $30,000. Matisse Capital bought a new position in Invesco Advantage Municipal Income Trust II in the second quarter worth approximately $98,000. XTX Topco Ltd bought a new position in Invesco Advantage Municipal Income Trust II in the second quarter worth approximately $106,000. Finally, Kingswood Wealth Advisors LLC raised its stake in Invesco Advantage Municipal Income Trust II by 51.0% in the first quarter. Kingswood Wealth Advisors LLC now owns 32,130 shares of the financial services provider’s stock worth $273,000 after buying an additional 10,850 shares in the last quarter. Hedge funds and other institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Price Performance

Shares of NYSEAMERICAN:VKI opened at $8.89 on Thursday. 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 Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th will be given a dividend of $0.0559 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.55%. The ex-dividend date is Wednesday, October 16th.

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.