Invesco Quality Municipal Income Trust (NYSE:IQI) Shares Bought by Sit Investment Associates Inc.

Posted by Lisa Pomrenke on Apr 6th, 2025

Sit Investment Associates Inc. raised its holdings in shares of Invesco Quality Municipal Income Trust (NYSE:IQI – Free Report) by 2.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 802,800 shares of the financial services provider’s stock after acquiring an additional 22,345 shares during the quarter. Sit Investment Associates Inc.’s holdings in Invesco Quality Municipal Income Trust were worth $7,916,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Signaturefd LLC acquired a new position in Invesco Quality Municipal Income Trust in the fourth quarter valued at approximately $43,000. Fortitude Advisory Group L.L.C. acquired a new position in shares of Invesco Quality Municipal Income Trust in the 4th quarter valued at $101,000. Atala Financial Inc acquired a new stake in Invesco Quality Municipal Income Trust during the 4th quarter worth $101,000. Worth Asset Management LLC purchased a new stake in Invesco Quality Municipal Income Trust in the fourth quarter valued at $102,000. Finally, Noble Wealth Management PBC acquired a new position in Invesco Quality Municipal Income Trust in the fourth quarter valued at $123,000.

Invesco Quality Municipal Income Trust Trading Down 1.6 %

IQI opened at $9.62 on Friday. Invesco Quality Municipal Income Trust has a one year low of $9.23 and a one year high of $10.53. The business’s 50-day simple moving average is $9.90 and its 200-day simple moving average is $10.00.

Invesco Quality Municipal Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.0631 per share. This represents a $0.76 annualized dividend and a yield of 7.88%. The ex-dividend date is Wednesday, April 16th.

Invesco Quality Municipal Income Trust Profile

(Free Report)

Invesco Quality Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by 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.