INV VK MUN OPP $VMO Stock Holdings Lifted by Riverbridge Partners LLC

Riverbridge Partners LLC raised its position in INV VK MUN OPP (NYSE:VMO) by 5.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,289 shares of the investment management company’s stock after purchasing an additional 1,323 shares during the quarter. Riverbridge Partners LLC’s holdings in INV VK MUN OPP were worth $241,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Guggenheim Capital LLC lifted its position in shares of INV VK MUN OPP by 24.3% during the 1st quarter. Guggenheim Capital LLC now owns 1,175,072 shares of the investment management company’s stock worth $11,151,000 after purchasing an additional 229,809 shares during the last quarter. Raymond James Financial Inc. increased its stake in INV VK MUN OPP by 23.0% during the first quarter. Raymond James Financial Inc. now owns 961,150 shares of the investment management company’s stock valued at $9,121,000 after acquiring an additional 179,489 shares during the period. LPL Financial LLC increased its stake in INV VK MUN OPP by 17.8% during the first quarter. LPL Financial LLC now owns 532,899 shares of the investment management company’s stock valued at $5,057,000 after acquiring an additional 80,657 shares during the period. Kestra Advisory Services LLC increased its stake in INV VK MUN OPP by 25.7% during the first quarter. Kestra Advisory Services LLC now owns 308,607 shares of the investment management company’s stock valued at $2,929,000 after acquiring an additional 63,028 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of INV VK MUN OPP by 160.3% in the 4th quarter. Ameriprise Financial Inc. now owns 299,320 shares of the investment management company’s stock valued at $2,909,000 after purchasing an additional 184,317 shares during the period. Institutional investors and hedge funds own 42.57% of the company’s stock.

INV VK MUN OPP Stock Performance

NYSE VMO opened at $9.55 on Friday. INV VK MUN OPP has a one year low of $8.81 and a one year high of $10.35. The stock’s 50 day simple moving average is $9.24 and its 200 day simple moving average is $9.25.

INV VK MUN OPP Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be given a dividend of $0.0625 per share. The ex-dividend date is Tuesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 7.9%.

INV VK MUN OPP Profile

Invesco Municipal Opportunity 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 Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.