Wedbush Securities Inc. boosted its position in Invesco Quality Municipal Income Trust (NYSE:IQI) by 11.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,202 shares of the financial services provider’s stock after acquiring an additional 4,304 shares during the quarter. Wedbush Securities Inc. owned 0.08% of Invesco Quality Municipal Income Trust worth $503,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its stake in Invesco Quality Municipal Income Trust by 7.7% in the fourth quarter. LPL Financial LLC now owns 61,588 shares of the financial services provider’s stock valued at $770,000 after acquiring an additional 4,379 shares during the last quarter. Royal Bank of Canada increased its stake in Invesco Quality Municipal Income Trust by 3.3% in the first quarter. Royal Bank of Canada now owns 168,259 shares of the financial services provider’s stock valued at $2,001,000 after acquiring an additional 5,436 shares during the last quarter. Oppenheimer & Co. Inc. bought a new position in Invesco Quality Municipal Income Trust in the first quarter valued at $119,000. Financial Advocates Investment Management bought a new position in Invesco Quality Municipal Income Trust in the first quarter valued at $133,000. Finally, Millennium Management LLC bought a new position in Invesco Quality Municipal Income Trust in the first quarter valued at $136,000. 15.27% of the stock is currently owned by institutional investors and hedge funds.

Invesco Quality Municipal Income Trust opened at $12.03 on Friday, according to MarketBeat. Invesco Quality Municipal Income Trust has a 52 week low of $11.70 and a 52 week high of $13.04.

The company also recently announced a monthly dividend, which will be paid on Friday, August 31st. Investors of record on Tuesday, August 14th will be paid a $0.0574 dividend. The ex-dividend date of this dividend is Monday, August 13th. This represents a $0.69 dividend on an annualized basis and a yield of 5.73%.

Invesco Quality Municipal Income Trust Company Profile

There is no company description available for Invesco Quality Municipal Income Trust.

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Institutional Ownership by Quarter for Invesco Quality Municipal Income Trust (NYSE:IQI)

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