HighTower Advisors LLC Has $96,000 Stock Position in Inv Vk Mun Tr $VKQ

HighTower Advisors LLC decreased its position in shares of Inv Vk Mun Tr (NYSE:VKQ) by 33.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,000 shares of the investment management company’s stock after selling 5,000 shares during the period. HighTower Advisors LLC’s holdings in Inv Vk Mun Tr were worth $96,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Nuveen LLC bought a new stake in shares of Inv Vk Mun Tr during the 1st quarter worth about $315,000. Invesco Ltd. boosted its stake in shares of Inv Vk Mun Tr by 42.8% during the 1st quarter. Invesco Ltd. now owns 147,047 shares of the investment management company’s stock worth $1,419,000 after acquiring an additional 44,055 shares in the last quarter. AlphaCore Capital LLC bought a new stake in shares of Inv Vk Mun Tr during the 1st quarter worth about $101,000. PNC Financial Services Group Inc. boosted its stake in shares of Inv Vk Mun Tr by 64.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 69,790 shares of the investment management company’s stock worth $673,000 after acquiring an additional 27,264 shares in the last quarter. Finally, US Bancorp DE bought a new stake in shares of Inv Vk Mun Tr during the 1st quarter worth about $26,000. 32.00% of the stock is currently owned by institutional investors.

Inv Vk Mun Tr Trading Up 1.3%

VKQ opened at $9.22 on Friday. The stock has a 50-day moving average of $9.12 and a 200-day moving average of $9.32. Inv Vk Mun Tr has a 52-week low of $8.86 and a 52-week high of $10.47.

Inv Vk Mun Tr Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th will be paid a dividend of $0.0628 per share. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date is Tuesday, September 16th.

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.