City of London Investment Management Co. Ltd. Decreases Position in Invesco Advantage Municipal Income Tr II (VKI)

City of London Investment Management Co. Ltd. lessened its stake in Invesco Advantage Municipal Income Tr II (NYSEAMERICAN:VKI) by 86.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,562 shares of the financial services provider’s stock after selling 224,248 shares during the period. City of London Investment Management Co. Ltd. owned 0.08% of Invesco Advantage Municipal Income Tr II worth $398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Harbour Capital Advisors LLC grew its stake in Invesco Advantage Municipal Income Tr II by 1,055.0% in the second quarter. Harbour Capital Advisors LLC now owns 11,550 shares of the financial services provider’s stock valued at $1,000,000 after purchasing an additional 10,550 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Invesco Advantage Municipal Income Tr II by 43.0% during the second quarter. Wells Fargo & Company MN now owns 30,814 shares of the financial services provider’s stock worth $356,000 after acquiring an additional 9,264 shares during the last quarter. Susquehanna International Group LLP purchased a new stake in shares of Invesco Advantage Municipal Income Tr II during the second quarter worth about $723,000. Ackerman Capital Advisors LLC purchased a new stake in shares of Invesco Advantage Municipal Income Tr II during the second quarter worth about $116,000. Finally, Allegis Investment Advisors LLC grew its stake in shares of Invesco Advantage Municipal Income Tr II by 4.7% during the second quarter. Allegis Investment Advisors LLC now owns 158,417 shares of the financial services provider’s stock worth $1,830,000 after acquiring an additional 7,173 shares during the last quarter.

Shares of Invesco Advantage Municipal Income Tr II (NYSEAMERICAN VKI) opened at $11.42 on Thursday. Invesco Advantage Municipal Income Tr II has a 52 week low of $10.80 and a 52 week high of $11.93.

The company also recently announced a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, December 13th will be issued a dividend of $0.0547 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 5.75%. The ex-dividend date of this dividend is Tuesday, December 12th.

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Invesco Advantage Municipal Income Tr II Profile

Invesco Advantage Municipal Income Trust II (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. Under normal market conditions, the Trust focuses on investing in municipal securities rated investment grade at the time of investment.

Institutional Ownership by Quarter for Invesco Advantage Municipal Income Tr II (NYSEAMERICAN:VKI)

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