Invesco Municipal Opportunity Trust (NYSE:VMO) Position Trimmed by Wakefield Asset Management LLLP

Wakefield Asset Management LLLP reduced its holdings in Invesco Municipal Opportunity Trust (NYSE:VMO) by 1.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 184,127 shares of the investment management company’s stock after selling 2,053 shares during the quarter. Wakefield Asset Management LLLP’s holdings in Invesco Municipal Opportunity Trust were worth $1,856,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of VMO. CENTRAL TRUST Co bought a new position in Invesco Municipal Opportunity Trust in the first quarter worth about $29,000. Financial Management Professionals Inc. bought a new stake in shares of Invesco Municipal Opportunity Trust in the 1st quarter worth approximately $42,000. International Assets Investment Management LLC acquired a new position in Invesco Municipal Opportunity Trust during the 2nd quarter valued at approximately $45,000. Blue Bell Private Wealth Management LLC bought a new position in Invesco Municipal Opportunity Trust during the 1st quarter worth $132,000. Finally, Wellspring Financial Advisors LLC grew its stake in Invesco Municipal Opportunity Trust by 17.6% during the 4th quarter. Wellspring Financial Advisors LLC now owns 16,000 shares of the investment management company’s stock worth $154,000 after buying an additional 2,400 shares during the last quarter. 42.57% of the stock is currently owned by institutional investors.

Invesco Municipal Opportunity Trust Trading Up 0.2 %

VMO stock opened at $10.18 on Friday. Invesco Municipal Opportunity Trust has a 1 year low of $7.86 and a 1 year high of $10.29. The stock’s fifty day moving average is $10.07 and its two-hundred day moving average is $9.79.

Invesco Municipal Opportunity Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 17th will be paid a dividend of $0.0625 per share. This represents a $0.75 annualized dividend and a yield of 7.37%. The ex-dividend date is Tuesday, September 17th.

Invesco Municipal Opportunity Trust 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.