StoneX Group Inc. Invests $292,000 in Invesco Municipal Opportunity Trust (NYSE:VMO)

StoneX Group Inc. purchased a new stake in shares of Invesco Municipal Opportunity Trust (NYSE:VMO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 30,055 shares of the investment management company’s stock, valued at approximately $292,000.

Several other hedge funds have also made changes to their positions in VMO. Venturi Wealth Management LLC raised its stake in Invesco Municipal Opportunity Trust by 885.4% during the 4th quarter. Venturi Wealth Management LLC now owns 6,366 shares of the investment management company’s stock valued at $62,000 after purchasing an additional 5,720 shares during the period. Avior Wealth Management LLC lifted its stake in Invesco Municipal Opportunity Trust by 668.4% in the 4th quarter. Avior Wealth Management LLC now owns 8,491 shares of the investment management company’s stock worth $83,000 after acquiring an additional 7,386 shares in the last quarter. Permanent Capital Management LP acquired a new stake in Invesco Municipal Opportunity Trust during the 4th quarter worth about $152,000. Walleye Capital LLC purchased a new position in Invesco Municipal Opportunity Trust during the 3rd quarter valued at about $164,000. Finally, Live Oak Private Wealth LLC acquired a new position in shares of Invesco Municipal Opportunity Trust in the 4th quarter valued at about $194,000. Hedge funds and other institutional investors own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Stock Performance

VMO stock opened at $9.53 on Thursday. The firm has a 50 day simple moving average of $9.71 and a 200 day simple moving average of $9.86. Invesco Municipal Opportunity Trust has a 52 week low of $9.22 and a 52 week high of $10.39.

Invesco Municipal Opportunity Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be issued a dividend of $0.0625 per share. This represents a $0.75 annualized dividend and a dividend yield of 7.87%. The ex-dividend date is Wednesday, April 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.