JFS Wealth Advisors LLC Has $1.50 Million Stock Position in Invesco Quality Municipal Income Trust (NYSE:IQI)

JFS Wealth Advisors LLC increased its holdings in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) by 1,618.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 143,790 shares of the financial services provider’s stock after purchasing an additional 135,421 shares during the period. JFS Wealth Advisors LLC’s holdings in Invesco Quality Municipal Income Trust were worth $1,501,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Raymond James & Associates increased its holdings in shares of Invesco Quality Municipal Income Trust by 3.4% during the 2nd quarter. Raymond James & Associates now owns 761,804 shares of the financial services provider’s stock worth $7,557,000 after acquiring an additional 24,912 shares during the last quarter. Atomi Financial Group Inc. increased its position in Invesco Quality Municipal Income Trust by 5.2% during the 2nd quarter. Atomi Financial Group Inc. now owns 21,123 shares of the financial services provider’s stock worth $210,000 after buying an additional 1,038 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Invesco Quality Municipal Income Trust by 54.4% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 842,239 shares of the financial services provider’s stock worth $8,355,000 after buying an additional 296,661 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of Invesco Quality Municipal Income Trust by 14.1% in the first quarter. Van ECK Associates Corp now owns 459,213 shares of the financial services provider’s stock valued at $4,445,000 after acquiring an additional 56,896 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in shares of Invesco Quality Municipal Income Trust by 161.4% in the first quarter. Janney Montgomery Scott LLC now owns 38,697 shares of the financial services provider’s stock valued at $375,000 after acquiring an additional 23,892 shares in the last quarter.

Invesco Quality Municipal Income Trust Stock Up 0.6 %

NYSE:IQI opened at $9.96 on Thursday. Invesco Quality Municipal Income Trust has a 52 week low of $8.13 and a 52 week high of $10.53. The firm’s 50-day simple moving average is $10.27 and its 200 day simple moving average is $9.98.

Invesco Quality Municipal Income Trust Announces Dividend

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 $0.0631 dividend. The ex-dividend date is Wednesday, October 16th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.61%.

Invesco Quality Municipal Income Trust Profile

Invesco Quality Municipal Income 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.