12,500 Shares in Invesco Quality Municipal Income Trust (NYSE:IQI) Acquired by Noble Wealth Management PBC

Noble Wealth Management PBC bought a new stake in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) in the 4th quarter, Holdings Channel.com reports. The firm bought 12,500 shares of the financial services provider’s stock, valued at approximately $123,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE bought a new stake in shares of Invesco Quality Municipal Income Trust during the 3rd quarter valued at $45,000. Fortitude Advisory Group L.L.C. bought a new position in Invesco Quality Municipal Income Trust in the 4th quarter worth $101,000. Worth Asset Management LLC purchased a new position in Invesco Quality Municipal Income Trust during the fourth quarter valued at $102,000. Larson Financial Group LLC grew its holdings in Invesco Quality Municipal Income Trust by 234.1% during the third quarter. Larson Financial Group LLC now owns 11,025 shares of the financial services provider’s stock valued at $115,000 after purchasing an additional 7,725 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in Invesco Quality Municipal Income Trust during the third quarter valued at about $142,000.

Invesco Quality Municipal Income Trust Stock Up 0.1 %

NYSE IQI opened at $10.07 on Friday. Invesco Quality Municipal Income Trust has a 52 week low of $9.23 and a 52 week high of $10.53. The stock’s 50-day moving average price is $9.88 and its 200-day moving average price is $10.07.

Invesco Quality Municipal Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.0631 per share. This represents a $0.76 dividend on an annualized basis and a yield of 7.52%. The ex-dividend date was Tuesday, February 18th.

Invesco Quality Municipal Income Trust Company 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.