Madison Park Capital Advisors LLC Purchases 10,026 Shares of Invesco Municipal Trust (NYSE:VKQ)

Madison Park Capital Advisors LLC raised its position in shares of Invesco Municipal Trust (NYSE:VKQ) by 32.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 41,386 shares of the investment management company’s stock after acquiring an additional 10,026 shares during the quarter. Madison Park Capital Advisors LLC’s holdings in Invesco Municipal Trust were worth $406,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of VKQ. Community Bank N.A. lifted its holdings in shares of Invesco Municipal Trust by 100.0% during the third quarter. Community Bank N.A. now owns 4,000 shares of the investment management company’s stock valued at $41,000 after purchasing an additional 2,000 shares during the last quarter. Private Advisor Group LLC purchased a new position in shares of Invesco Municipal Trust during the third quarter valued at approximately $108,000. Ackerman Capital Advisors LLC purchased a new position in shares of Invesco Municipal Trust during the third quarter valued at approximately $137,000. Sanctuary Advisors LLC purchased a new position in shares of Invesco Municipal Trust during the second quarter valued at approximately $142,000. Finally, Avior Wealth Management LLC lifted its holdings in shares of Invesco Municipal Trust by 19.2% during the third quarter. Avior Wealth Management LLC now owns 19,647 shares of the investment management company’s stock valued at $202,000 after purchasing an additional 3,158 shares during the last quarter. 32.00% of the stock is owned by institutional investors.

Invesco Municipal Trust Trading Up 0.7 %

VKQ stock opened at $9.88 on Wednesday. The firm has a 50 day moving average price of $9.90 and a 200-day moving average price of $10.03. Invesco Municipal Trust has a 52-week low of $9.15 and a 52-week high of $10.47.

Invesco Municipal Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a $0.0628 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.75 dividend on an annualized basis and a yield of 7.63%.

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.