Commonwealth Equity Services LLC Increases Stake in Invesco Municipal Income Opportunities Trust

Commonwealth Equity Services LLC has increased its investment in Invesco Municipal Income Opportunities Trust (NYSE:OIA - Free Report) by 33.1% during the fourth quarter, as detailed in its latest 13F filing with the SEC. Following this acquisition, the firm now holds 265,083 shares of the investment management company's stock after adding 65,856 shares during the quarter. At the end of this period, Commonwealth Equity Services LLC owned approximately 0.56% of Invesco Municipal Income Opportunities Trust, valued at around $1,564,000.

Other significant investors have also adjusted their positions in the company. For instance, Van ECK Associates Corp increased its stake in Invesco Municipal Income Opportunities Trust by 10.0% during the fourth quarter, and now possesses 217,955 shares worth $1,286,000 after acquiring an additional 19,889 shares. Raymond James Financial Inc. entered into a new investment in the trust during the same quarter, approximating a value of $973,000. Moreover, Avantax Advisory Services Inc. expanded its holdings by 27.2%, attaining 72,817 shares valued at $430,000 after securing an extra 15,587 shares in the last quarter. Wolverine Asset Management LLC also made a new investment worth $396,000 in the company during the same time frame. Furthermore, Rockefeller Capital Management L.P. raised its shareholding by 19.0% during the third quarter, accumulating 64,063 shares valued at $439,000 after acquiring an additional 10,217 shares. Overall, institutional investors retain about 12.57% of the company's stock.

Invesco Municipal Income Opportunities Trust Stock Performance

On Friday, shares of NYSE OIA opened at $6.04. Invesco Municipal Income Opportunities Trust has recorded a 52-week low of $5.78 and a 52-week high of $6.99. The stock's fifty-day moving average stands at $6.10, while the two-hundred-day moving average is at $6.34.

Dividend Announcement

The company has recently declared a monthly dividend payment scheduled for Wednesday, April 30th. Shareholders on record as of Wednesday, April 16th, will receive a dividend of $0.0291 per share. This amounts to an annualized dividend of $0.35, resulting in a yield of 5.79%. The ex-dividend date for this payment is also on Wednesday, April 16th.

Company Overview

Invesco Municipal Income Opportunities Trust is a closed-ended fixed-income mutual fund managed by Invesco Ltd. The fund is co-managed by several firms, including 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.

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