Advisors Asset Management Inc. Purchases 150,513 Shares of Invesco Municipal Trust (NYSE:VKQ)

Advisors Asset Management Inc. grew its position in shares of Invesco Municipal Trust (NYSE:VKQ) by 87.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 321,839 shares of the investment management company’s stock after purchasing an additional 150,513 shares during the quarter. Advisors Asset Management Inc.’s holdings in Invesco Municipal Trust were worth $3,157,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Community Bank N.A. grew its position in shares of 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 worth $41,000 after buying an additional 2,000 shares during the period. Atlanta Consulting Group Advisors LLC acquired a new stake in shares of Invesco Municipal Trust during the 4th quarter worth approximately $118,000. Permanent Capital Management LP acquired a new stake in shares of Invesco Municipal Trust during the 4th quarter worth approximately $155,000. Avior Wealth Management LLC grew its position in shares of Invesco Municipal Trust by 19.2% during the 3rd quarter. Avior Wealth Management LLC now owns 19,647 shares of the investment management company’s stock worth $202,000 after buying an additional 3,158 shares during the period. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of Invesco Municipal Trust during the 4th quarter worth approximately $193,000. Institutional investors and hedge funds own 32.00% of the company’s stock.

Invesco Municipal Trust Stock Up 0.7 %

Shares of VKQ stock opened at $9.71 on Friday. Invesco Municipal Trust has a 52 week low of $9.15 and a 52 week high of $10.47. The firm has a 50 day moving average of $9.87 and a 200-day moving average of $9.99.

Invesco Municipal Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be given a dividend of $0.0628 per share. This represents a $0.75 annualized dividend and a dividend yield of 7.76%. The ex-dividend date of this dividend is Monday, March 17th.

Invesco Municipal Trust Company Profile

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.