Tyche Wealth Partners LLC Sells 4,405 Shares of Invesco Value Municipal Income Trust (NYSE:IIM)

Tyche Wealth Partners LLC lowered its stake in shares of Invesco Value Municipal Income Trust (NYSE:IIM) by 11.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 32,605 shares of the investment management company’s stock after selling 4,405 shares during the period. Tyche Wealth Partners LLC’s holdings in Invesco Value Municipal Income Trust were worth $388,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Larson Financial Group LLC raised its holdings in Invesco Value Municipal Income Trust by 233.3% in the 3rd quarter. Larson Financial Group LLC now owns 2,000 shares of the investment management company’s stock valued at $26,000 after acquiring an additional 1,400 shares in the last quarter. Signaturefd LLC increased its position in shares of Invesco Value Municipal Income Trust by 1,156.7% during the third quarter. Signaturefd LLC now owns 2,526 shares of the investment management company’s stock valued at $33,000 after purchasing an additional 2,325 shares during the period. Avior Wealth Management LLC acquired a new position in shares of Invesco Value Municipal Income Trust in the fourth quarter valued at $54,000. Lauer Wealth LLC bought a new position in Invesco Value Municipal Income Trust in the fourth quarter worth $190,000. Finally, Catalina Capital Group LLC boosted its stake in Invesco Value Municipal Income Trust by 8.9% during the fourth quarter. Catalina Capital Group LLC now owns 22,641 shares of the investment management company’s stock worth $269,000 after buying an additional 1,857 shares in the last quarter. Institutional investors own 20.73% of the company’s stock.

Invesco Value Municipal Income Trust Stock Performance

Shares of IIM stock opened at $12.30 on Friday. The firm has a fifty day moving average of $12.11 and a 200-day moving average of $12.44. Invesco Value Municipal Income Trust has a 52-week low of $11.28 and a 52-week high of $13.10.

Invesco Value Municipal Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be given a $0.0771 dividend. This represents a $0.93 annualized dividend and a yield of 7.52%. The ex-dividend date of this dividend is Tuesday, February 18th.

About Invesco Value Municipal Income Trust

Invesco Value 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 (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.