First Trust Advisors LP grew its stake in shares of Invesco Quality Municipal Income Trust (NYSE:IQI) by 28.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 96,975 shares of the financial services provider’s stock after buying an additional 21,726 shares during the quarter. First Trust Advisors LP’s holdings in Invesco Quality Municipal Income Trust were worth $1,156,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IQI. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of Invesco Quality Municipal Income Trust during the 2nd quarter valued at $1,394,000. Fiera Capital Corp raised its position in shares of Invesco Quality Municipal Income Trust by 68.1% during the 1st quarter. Fiera Capital Corp now owns 159,376 shares of the financial services provider’s stock valued at $1,897,000 after buying an additional 64,579 shares in the last quarter. Stifel Financial Corp raised its position in shares of Invesco Quality Municipal Income Trust by 16.1% during the 1st quarter. Stifel Financial Corp now owns 244,755 shares of the financial services provider’s stock valued at $2,912,000 after buying an additional 33,868 shares in the last quarter. UBS Group AG raised its position in shares of Invesco Quality Municipal Income Trust by 15.5% during the 1st quarter. UBS Group AG now owns 230,148 shares of the financial services provider’s stock valued at $2,738,000 after buying an additional 30,852 shares in the last quarter. Finally, RMB Capital Management LLC raised its position in shares of Invesco Quality Municipal Income Trust by 71.2% during the 1st quarter. RMB Capital Management LLC now owns 67,621 shares of the financial services provider’s stock valued at $805,000 after buying an additional 28,126 shares in the last quarter. Hedge funds and other institutional investors own 15.39% of the company’s stock.

Invesco Quality Municipal Income Trust stock opened at $11.81 on Tuesday. Invesco Quality Municipal Income Trust has a fifty-two week low of $11.70 and a fifty-two week high of $13.04.

The firm also recently announced a monthly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 14th will be issued a dividend of $0.0574 per share. This represents a $0.69 annualized dividend and a dividend yield of 5.83%. The ex-dividend date is Thursday, September 13th.

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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