Invesco Municipal Trust (NYSE:VKQ) Shares Bought by Dakota Wealth Management

Dakota Wealth Management grew its holdings in Invesco Municipal Trust (NYSE:VKQ) by 54.7% during the 4th quarter, Holdings Channel reports. The firm owned 183,546 shares of the investment management company’s stock after buying an additional 64,885 shares during the period. Dakota Wealth Management’s holdings in Invesco Municipal Trust were worth $1,801,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Community Bank N.A. grew its position in shares of Invesco Municipal Trust by 100.0% in 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 acquired a new stake in shares of Invesco Municipal Trust in the third quarter valued at approximately $108,000. Ackerman Capital Advisors LLC acquired a new stake in shares of Invesco Municipal Trust in the third quarter valued at approximately $137,000. Sanctuary Advisors LLC acquired a new stake in shares of Invesco Municipal Trust in the second quarter valued at approximately $142,000. Finally, Avior Wealth Management LLC grew its position in shares of Invesco Municipal Trust by 19.2% in 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 currently owned by institutional investors and hedge funds.

Invesco Municipal Trust Trading Down 0.6 %

VKQ stock opened at $9.78 on Friday. The company’s 50 day simple moving average is $9.89 and its 200-day simple moving average is $10.03. Invesco Municipal Trust has a 12 month low of $9.15 and a 12 month high of $10.47.

Invesco Municipal Trust Dividend Announcement

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 paid a dividend of $0.0628 per share. This represents a $0.75 annualized dividend and a dividend yield of 7.71%. The ex-dividend date is Friday, January 17th.

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.