Advisors Asset Management Inc. Has $3.16 Million Stake in Invesco Municipal Trust (NYSE:VKQ)

Advisors Asset Management Inc. raised its stake in Invesco Municipal Trust (NYSE:VKQ) by 87.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 321,839 shares of the investment management company’s stock after acquiring 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 institutional investors and hedge funds have also recently made changes to their positions in the company. Seamount Financial Group Inc. raised its holdings in Invesco Municipal Trust by 1.6% in the 4th quarter. Seamount Financial Group Inc. now owns 81,858 shares of the investment management company’s stock valued at $803,000 after buying an additional 1,287 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in Invesco Municipal Trust by 2.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 87,568 shares of the investment management company’s stock valued at $898,000 after buying an additional 1,965 shares during the last quarter. Community Bank N.A. raised its holdings in Invesco Municipal Trust by 100.0% in the 3rd quarter. Community Bank N.A. now owns 4,000 shares of the investment management company’s stock valued at $41,000 after buying an additional 2,000 shares during the last quarter. Avior Wealth Management LLC raised its holdings in Invesco Municipal Trust by 19.2% in the 3rd quarter. Avior Wealth Management LLC now owns 19,647 shares of the investment management company’s stock valued at $202,000 after buying an additional 3,158 shares during the last quarter. Finally, Wealth Alliance Advisory Group LLC raised its holdings in Invesco Municipal Trust by 10.2% in the 4th quarter. Wealth Alliance Advisory Group LLC now owns 66,516 shares of the investment management company’s stock valued at $653,000 after buying an additional 6,134 shares during the last quarter. Institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Trading Up 0.7 %

Shares of NYSE VKQ opened at $9.71 on Friday. The company has a 50 day simple moving average of $9.87 and a 200 day simple moving average of $9.99. Invesco Municipal Trust has a 1 year low of $9.15 and a 1 year high of $10.47.

Invesco Municipal Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.0628 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.75 dividend on an annualized basis and a yield of 7.76%.

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.