Invesco Municipal Income Opp Trust (OIA) Reaches New 52-Week Low at $7.20

Invesco Municipal Income Opp Trust (NYSE:OIA) reached a new 52-week low on Wednesday . The company traded as low as $7.20 and last traded at $7.21, with a volume of 200 shares changing hands. The stock had previously closed at $7.22.

The business also recently declared a monthly dividend, which will be paid on Friday, November 30th. Stockholders of record on Tuesday, November 13th will be paid a $0.0328 dividend. The ex-dividend date of this dividend is Friday, November 9th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 5.47%.

Several institutional investors and hedge funds have recently bought and sold shares of OIA. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco Municipal Income Opp Trust by 3,665.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 30,389 shares of the investment management company’s stock valued at $229,000 after purchasing an additional 29,582 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Invesco Municipal Income Opp Trust by 137.5% in the 1st quarter. LPL Financial LLC now owns 32,506 shares of the investment management company’s stock valued at $241,000 after purchasing an additional 18,818 shares in the last quarter. RFG Advisory Group LLC acquired a new stake in shares of Invesco Municipal Income Opp Trust in the 2nd quarter valued at approximately $136,000. MML Investors Services LLC boosted its stake in shares of Invesco Municipal Income Opp Trust by 32.2% in the 3rd quarter. MML Investors Services LLC now owns 71,371 shares of the investment management company’s stock valued at $548,000 after purchasing an additional 17,365 shares in the last quarter. Finally, Amarillo National Bank acquired a new stake in shares of Invesco Municipal Income Opp Trust in the 3rd quarter valued at approximately $101,000. Institutional investors own 5.84% of the company’s stock.

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Invesco Municipal Income Opp Trust Company Profile (NYSE:OIA)

Invesco Municipal Income Opportunities 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.

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