Permanent Capital Management LP Makes New $94,000 Investment in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI)

Permanent Capital Management LP bought a new stake in Invesco Advantage Municipal Income Trust II (NYSEAMERICAN:VKI) in the fourth quarter, Holdings Channel reports. The institutional investor bought 10,728 shares of the financial services provider’s stock, valued at approximately $94,000.

Other institutional investors also recently modified their holdings of the company. FSA Wealth Management LLC bought a new position in shares of Invesco Advantage Municipal Income Trust II in the third quarter valued at approximately $28,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Invesco Advantage Municipal Income Trust II in the third quarter valued at approximately $93,000. Geneos Wealth Management Inc. grew its holdings in Invesco Advantage Municipal Income Trust II by 37.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 10,317 shares of the financial services provider’s stock worth $90,000 after acquiring an additional 2,800 shares during the period. Larson Financial Group LLC grew its holdings in Invesco Advantage Municipal Income Trust II by 232.4% during the 3rd quarter. Larson Financial Group LLC now owns 11,300 shares of the financial services provider’s stock worth $105,000 after acquiring an additional 7,900 shares during the period. Finally, Moloney Securities Asset Management LLC acquired a new stake in Invesco Advantage Municipal Income Trust II during the 3rd quarter worth $116,000. Institutional investors own 27.52% of the company’s stock.

Invesco Advantage Municipal Income Trust II Price Performance

VKI opened at $8.82 on Friday. The stock’s fifty day simple moving average is $8.75. Invesco Advantage Municipal Income Trust II has a 52 week low of $8.14 and a 52 week high of $9.42.

Invesco Advantage Municipal Income Trust II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a dividend of $0.0559 per share. This represents a $0.67 dividend on an annualized basis and a yield of 7.61%. The ex-dividend date of this dividend is Monday, March 17th.

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.