Tyche Wealth Partners LLC Lowers Stake in Invesco Municipal Trust (NYSE:VKQ)

Tyche Wealth Partners LLC reduced its holdings in shares of Invesco Municipal Trust (NYSE:VKQ) by 23.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,130 shares of the investment management company’s stock after selling 16,191 shares during the period. Tyche Wealth Partners LLC’s holdings in Invesco Municipal Trust were worth $521,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of VKQ. Community Bank N.A. lifted its position in Invesco Municipal Trust by 100.0% during the 3rd quarter. Community Bank N.A. now owns 4,000 shares of the investment management company’s stock valued at $41,000 after acquiring an additional 2,000 shares during the period. Private Advisor Group LLC purchased a new position in Invesco Municipal Trust in the third quarter worth about $108,000. Ackerman Capital Advisors LLC purchased a new position in Invesco Municipal Trust in the third quarter worth about $137,000. Sanctuary Advisors LLC purchased a new position in Invesco Municipal Trust in the second quarter worth about $142,000. Finally, Kingswood Wealth Advisors LLC purchased a new position in Invesco Municipal Trust in the fourth quarter worth about $193,000. 32.00% of the stock is owned by hedge funds and other institutional investors.

Invesco Municipal Trust Stock Up 0.2 %

Shares of Invesco Municipal Trust stock opened at $10.00 on Friday. Invesco Municipal Trust has a 52-week low of $9.15 and a 52-week high of $10.47. The company has a 50-day simple moving average of $9.86 and a two-hundred day simple moving average of $10.02.

Invesco Municipal Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a $0.0628 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.75 annualized dividend and a yield of 7.54%.

About Invesco Municipal Trust

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.