Invesco Ltd. Has $1.42 Million Stock Holdings in INV VK MUN TR $VKQ

Invesco Ltd. raised its stake in INV VK MUN TR (NYSE:VKQ) by 42.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 147,047 shares of the investment management company’s stock after acquiring an additional 44,055 shares during the period. Invesco Ltd. owned approximately 0.27% of INV VK MUN TR worth $1,419,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of INV VK MUN TR during the 4th quarter worth $1,045,000. First Trust Advisors LP grew its position in shares of INV VK MUN TR by 11.3% in the 4th quarter. First Trust Advisors LP now owns 11,995 shares of the investment management company’s stock valued at $118,000 after buying an additional 1,216 shares during the last quarter. Stifel Financial Corp grew its position in shares of INV VK MUN TR by 218.4% in the 4th quarter. Stifel Financial Corp now owns 37,905 shares of the investment management company’s stock valued at $372,000 after buying an additional 26,000 shares during the last quarter. Bank of America Corp DE grew its position in shares of INV VK MUN TR by 9.4% in the 4th quarter. Bank of America Corp DE now owns 147,180 shares of the investment management company’s stock valued at $1,444,000 after buying an additional 12,624 shares during the last quarter. Finally, Baird Financial Group Inc. lifted its stake in shares of INV VK MUN TR by 3.4% in the 4th quarter. Baird Financial Group Inc. now owns 166,723 shares of the investment management company’s stock valued at $1,636,000 after purchasing an additional 5,408 shares during the period. 32.00% of the stock is owned by institutional investors and hedge funds.

INV VK MUN TR Price Performance

Shares of NYSE:VKQ opened at $9.13 on Tuesday. The business’s 50-day moving average is $9.12 and its 200-day moving average is $9.34. INV VK MUN TR has a 1 year low of $8.86 and a 1 year high of $10.47.

INV VK MUN TR Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 29th. Investors of record on Monday, August 18th were paid a dividend of $0.0628 per share. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend was Monday, August 18th.

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.