Invesco Quality Municipal Income Trust (NYSE:IQI) Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC cut its position in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 252,301 shares of the financial services provider’s stock after selling 13,970 shares during the period. Stratos Wealth Advisors LLC’s holdings in Invesco Quality Municipal Income Trust were worth $2,488,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IQI. US Bancorp DE acquired a new stake in shares of Invesco Quality Municipal Income Trust during the 3rd quarter valued at about $45,000. Fortitude Advisory Group L.L.C. purchased a new position in Invesco Quality Municipal Income Trust during the fourth quarter worth approximately $101,000. Worth Asset Management LLC acquired a new stake in Invesco Quality Municipal Income Trust in the fourth quarter valued at approximately $102,000. Kercheville Advisors LLC purchased a new stake in shares of Invesco Quality Municipal Income Trust in the third quarter valued at approximately $115,000. Finally, Larson Financial Group LLC raised its stake in shares of Invesco Quality Municipal Income Trust by 234.1% during the 3rd quarter. Larson Financial Group LLC now owns 11,025 shares of the financial services provider’s stock worth $115,000 after buying an additional 7,725 shares during the period.

Invesco Quality Municipal Income Trust Price Performance

Invesco Quality Municipal Income Trust stock opened at $10.00 on Thursday. The company’s fifty day moving average price is $9.90 and its 200 day moving average price is $10.09. Invesco Quality Municipal Income Trust has a 1 year low of $9.23 and a 1 year high of $10.53.

Invesco Quality Municipal Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be paid a dividend of $0.0631 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 7.57%.

About Invesco Quality Municipal Income Trust

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.