Private Advisor Group LLC Buys New Position in INV VK MUN TR (NYSE:VKQ)

Private Advisor Group LLC bought a new stake in shares of INV VK MUN TR (NYSE:VKQ) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 14,530 shares of the investment management company’s stock, valued at approximately $140,000.

Several other large investors have also bought and sold shares of VKQ. LPL Financial LLC boosted its stake in INV VK MUN TR by 296.1% during the fourth quarter. LPL Financial LLC now owns 438,904 shares of the investment management company’s stock valued at $4,306,000 after buying an additional 328,085 shares in the last quarter. Landscape Capital Management L.L.C. acquired a new position in shares of INV VK MUN TR in the 4th quarter valued at $150,000. Smith Moore & CO. boosted its position in shares of INV VK MUN TR by 50.4% in the 4th quarter. Smith Moore & CO. now owns 104,983 shares of the investment management company’s stock valued at $1,030,000 after purchasing an additional 35,193 shares during the period. Wellspring Financial Advisors LLC boosted its position in INV VK MUN TR by 29.1% during the 4th quarter. Wellspring Financial Advisors LLC now owns 46,546 shares of the investment management company’s stock worth $457,000 after acquiring an additional 10,500 shares during the period. Finally, Bank of Montreal Can boosted its position in INV VK MUN TR by 3.7% during the 4th quarter. Bank of Montreal Can now owns 40,107 shares of the investment management company’s stock worth $393,000 after acquiring an additional 1,436 shares during the period. Institutional investors own 32.00% of the company’s stock.

Insider Buying and Selling at INV VK MUN TR

In other news, Portfolio Manager Timothy M. O’reilly purchased 5,400 shares of the business’s stock in a transaction dated Tuesday, June 3rd. The stock was bought at an average cost of $9.19 per share, with a total value of $49,626.00. Following the purchase, the portfolio manager directly owned 5,400 shares of the company’s stock, valued at approximately $49,626. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 5.37% of the stock is owned by company insiders.

INV VK MUN TR Stock Performance

Shares of NYSE VKQ opened at $9.16 on Friday. INV VK MUN TR has a one year low of $8.86 and a one year high of $10.47. The business has a 50-day moving average price of $9.13 and a two-hundred day moving average price of $9.45.

INV VK MUN TR Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, July 31st. Stockholders of record on Wednesday, July 16th were paid a dividend of $0.0628 per share. The ex-dividend date of this dividend was Wednesday, July 16th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%.

INV VK MUN TR Company 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.