Invesco Municipal Trust (NYSE:VKQ) Shares Acquired by Invesco Ltd.

Invesco Ltd. raised its position in shares of Invesco Municipal Trust (NYSE:VKQ) by 150.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,992 shares of the investment management company’s stock after buying an additional 61,839 shares during the quarter. Invesco Ltd.’s holdings in Invesco Municipal Trust were worth $1,010,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Robinson Capital Management LLC grew its stake in shares of Invesco Municipal Trust by 36.4% in the fourth quarter. Robinson Capital Management LLC now owns 1,140,860 shares of the investment management company’s stock worth $11,192,000 after purchasing an additional 304,331 shares in the last quarter. LPL Financial LLC lifted its stake in Invesco Municipal Trust by 296.1% in the 4th quarter. LPL Financial LLC now owns 438,904 shares of the investment management company’s stock worth $4,306,000 after acquiring an additional 328,085 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Invesco Municipal Trust by 2.7% during the 4th quarter. Van ECK Associates Corp now owns 413,979 shares of the investment management company’s stock valued at $4,061,000 after acquiring an additional 10,868 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in Invesco Municipal Trust by 87.9% in the fourth quarter. Advisors Asset Management Inc. now owns 321,839 shares of the investment management company’s stock worth $3,157,000 after buying an additional 150,513 shares during the last quarter. Finally, Rareview Capital LLC raised its holdings in Invesco Municipal Trust by 3.1% during the fourth quarter. Rareview Capital LLC now owns 261,583 shares of the investment management company’s stock valued at $2,684,000 after buying an additional 7,780 shares in the last quarter. Institutional investors and hedge funds own 32.00% of the company’s stock.

Invesco Municipal Trust Stock Performance

Shares of NYSE:VKQ opened at $9.40 on Friday. Invesco Municipal Trust has a twelve month low of $8.86 and a twelve month high of $10.47. The business has a 50 day moving average price of $9.55 and a 200 day moving average price of $9.80.

Invesco Municipal Trust Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th were issued a dividend of $0.0628 per share. This represents a $0.75 annualized dividend and a yield of 8.02%. The ex-dividend date was Wednesday, April 16th.

Invesco Municipal Trust Profile

Invesco Municipal 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 (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.