Inv Vk Mun Opp $VMO Shares Sold by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC cut its stake in Inv Vk Mun Opp (NYSE:VMO) by 36.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,029 shares of the investment management company’s stock after selling 14,635 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Inv Vk Mun Opp were worth $230,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Guggenheim Capital LLC increased its stake in shares of Inv Vk Mun Opp by 24.3% in the 1st quarter. Guggenheim Capital LLC now owns 1,175,072 shares of the investment management company’s stock worth $11,151,000 after acquiring an additional 229,809 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Inv Vk Mun Opp by 23.0% in the 1st quarter. Raymond James Financial Inc. now owns 961,150 shares of the investment management company’s stock worth $9,121,000 after acquiring an additional 179,489 shares during the last quarter. LPL Financial LLC increased its stake in shares of Inv Vk Mun Opp by 17.8% in the 1st quarter. LPL Financial LLC now owns 532,899 shares of the investment management company’s stock worth $5,057,000 after acquiring an additional 80,657 shares during the last quarter. Kestra Advisory Services LLC increased its stake in shares of Inv Vk Mun Opp by 25.7% in the 1st quarter. Kestra Advisory Services LLC now owns 308,607 shares of the investment management company’s stock worth $2,929,000 after acquiring an additional 63,028 shares during the last quarter. Finally, Mackay Shields LLC increased its stake in shares of Inv Vk Mun Opp by 48.1% in the 2nd quarter. Mackay Shields LLC now owns 307,705 shares of the investment management company’s stock worth $2,825,000 after acquiring an additional 100,000 shares during the last quarter. 42.57% of the stock is owned by institutional investors and hedge funds.

Inv Vk Mun Opp Stock Up 1.0%

Shares of VMO opened at $9.70 on Tuesday. Inv Vk Mun Opp has a 52-week low of $8.81 and a 52-week high of $10.17. The stock has a fifty day simple moving average of $9.44 and a two-hundred day simple moving average of $9.26.

Inv Vk Mun Opp Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Investors of record on Thursday, October 16th will be given a dividend of $0.0625 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend is Thursday, October 16th.

About Inv Vk Mun Opp

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.