Invesco Municipal Trust (NYSE:VKQ) Shares Sold by UBS Group AG

UBS Group AG cut its position in shares of Invesco Municipal Trust (NYSE:VKQ – Get Rating) by 8.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,210,143 shares of the investment management company’s stock after selling 107,708 shares during the quarter. UBS Group AG owned 2.19% of Invesco Municipal Trust worth $11,980,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. M&R Capital Management Inc. purchased a new stake in Invesco Municipal Trust during the fourth quarter valued at about $39,000. Captrust Financial Advisors acquired a new position in shares of Invesco Municipal Trust in the 2nd quarter valued at about $44,000. Fifth Third Bancorp increased its holdings in shares of Invesco Municipal Trust by 18.4% in the 4th quarter. Fifth Third Bancorp now owns 7,129 shares of the investment management company’s stock valued at $71,000 after purchasing an additional 1,106 shares during the period. Cetera Advisor Networks LLC acquired a new position in shares of Invesco Municipal Trust in the 2nd quarter valued at about $106,000. Finally, Moors & Cabot Inc. acquired a new position in shares of Invesco Municipal Trust in the 3rd quarter valued at about $98,000. 22.81% of the stock is owned by hedge funds and other institutional investors.

Invesco Municipal Trust Trading Down 0.2 %

Shares of VKQ opened at $9.28 on Monday. Invesco Municipal Trust has a fifty-two week low of $8.71 and a fifty-two week high of $10.86. The business’s 50-day moving average is $9.57 and its 200-day moving average is $9.64.

Invesco Municipal Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 31st. Investors of record on Monday, May 15th will be issued a $0.0364 dividend. The ex-dividend date is Friday, May 12th. This represents a $0.44 dividend on an annualized basis and a yield of 4.71%.

Invesco Municipal Trust Company Profile

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Invesco Municipal Trust operates as a diversified, closed-end management investment company. Its investment objective is to seek to provide a high level of current income exempt from federal income tax consistent with preservation of capital. The company was founded on September 27, 1991 and is headquartered in Atlanta, GA.