Invesco Quality Municipal Income Trust (NYSE:IQI) Portfolio Manager Jack Connelly Sells 1,980 Shares of Stock

Invesco Quality Municipal Income Trust (NYSE:IQI) Portfolio Manager Jack Connelly sold 1,980 shares of the stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $10.09, for a total value of $19,978.20. Following the completion of the sale, the portfolio manager owned 3,520 shares of the company’s stock, valued at $35,516.80. The trade was a 36.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Jack Connelly also recently made the following trade(s):

• On Wednesday, January 7th, Jack Connelly sold 3,900 shares of Invesco Quality Municipal Income Trust stock. The stock was sold at an average price of $10.02, for a total value of $39,078.00.

Invesco Quality Municipal Income Trust Trading Down 0.4%

NYSE IQI opened at $10.06 on Wednesday. The business’s 50-day moving average price is $10.01 and its two-hundred day moving average price is $9.78. Invesco Quality Municipal Income Trust has a 12 month low of $8.86 and a 12 month high of $10.16.

Invesco Quality Municipal Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be issued a $0.0631 dividend. The ex-dividend date is Thursday, January 15th. This represents a c) annualized dividend and a yield of 7.5%.

Institutional Investors Weigh In On Invesco Quality Municipal Income Trust

Institutional investors have recently modified their holdings of the company. Quent Capital LLC bought a new position in Invesco Quality Municipal Income Trust during the third quarter worth $27,000. Farther Finance Advisors LLC bought a new stake in Invesco Quality Municipal Income Trust during the third quarter valued at $69,000. Olistico Wealth LLC acquired a new stake in Invesco Quality Municipal Income Trust during the 2nd quarter worth about $110,000. World Investment Advisors bought a new position in shares of Invesco Quality Municipal Income Trust in the 3rd quarter worth about $112,000. Finally, Savant Capital LLC bought a new position in shares of Invesco Quality Municipal Income Trust in the 3rd quarter worth about $132,000.

About Invesco Quality Municipal Income Trust

Invesco Quality Municipal Income Trust (NYSE: IQI) is a closed-end management investment company listed on the New York Stock Exchange. Managed by Invesco Advisers, Inc, the fund’s primary objective is to provide investors with a high level of current income that is exempt from federal income taxes. To achieve this, the trust invests predominantly in investment-grade municipal securities issued by U.S. states, municipalities, and their agencies.

The portfolio holds a diversified blend of municipal bonds, including general obligation bonds, revenue bonds, and other tax-exempt obligations.