JFS Wealth Advisors LLC Buys 136,528 Shares of Invesco Municipal Opportunity Trust (NYSE:VMO)

JFS Wealth Advisors LLC raised its stake in Invesco Municipal Opportunity Trust (NYSE:VMO) by 1,629.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 144,908 shares of the investment management company’s stock after purchasing an additional 136,528 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Invesco Municipal Opportunity Trust were worth $1,488,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in VMO. International Assets Investment Management LLC bought a new stake in Invesco Municipal Opportunity Trust in the 2nd quarter worth $45,000. Choreo LLC purchased a new position in shares of Invesco Municipal Opportunity Trust during the second quarter valued at approximately $139,000. Blue Bell Private Wealth Management LLC raised its holdings in shares of Invesco Municipal Opportunity Trust by 7.7% during the second quarter. Blue Bell Private Wealth Management LLC now owns 14,601 shares of the investment management company’s stock valued at $147,000 after acquiring an additional 1,042 shares in the last quarter. Kercheville Advisors LLC boosted its holdings in Invesco Municipal Opportunity Trust by 15.3% in the third quarter. Kercheville Advisors LLC now owns 15,067 shares of the investment management company’s stock valued at $155,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Ackerman Capital Advisors LLC purchased a new position in Invesco Municipal Opportunity Trust during the 3rd quarter valued at $161,000. Institutional investors own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Stock Performance

Shares of NYSE VMO opened at $9.88 on Thursday. The firm has a fifty day simple moving average of $10.13 and a two-hundred day simple moving average of $9.94. Invesco Municipal Opportunity Trust has a 12 month low of $8.01 and a 12 month high of $10.39.

Invesco Municipal Opportunity Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 16th will be paid a $0.0625 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 7.59%. The ex-dividend date is Wednesday, October 16th.

Invesco Municipal Opportunity Trust Company 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.