Avior Wealth Management LLC Decreases Stake in Invesco Municipal Trust (NYSE:VKQ)

Avior Wealth Management LLC cut its holdings in shares of Invesco Municipal Trust (NYSE:VKQFree Report) by 10.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 17,586 shares of the investment management company’s stock after selling 2,061 shares during the quarter. Avior Wealth Management LLC’s holdings in Invesco Municipal Trust were worth $173,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in VKQ. Community Bank N.A. raised 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 period. Private Advisor Group LLC purchased a new position in Invesco Municipal Trust in the 3rd quarter valued at approximately $108,000. Ackerman Capital Advisors LLC bought a new stake in Invesco Municipal Trust during the 3rd quarter valued at $137,000. Sanctuary Advisors LLC purchased a new stake in shares of Invesco Municipal Trust during the second quarter worth $142,000. Finally, Madison Park Capital Advisors LLC boosted its holdings in shares of Invesco Municipal Trust by 19.1% in the third quarter. Madison Park Capital Advisors LLC now owns 31,360 shares of the investment management company’s stock worth $322,000 after acquiring an additional 5,025 shares during the period. 32.00% of the stock is owned by hedge funds and other institutional investors.

Invesco Municipal Trust Trading Up 0.3 %

Shares of NYSE VKQ opened at $9.81 on Tuesday. The stock has a fifty day moving average of $9.88 and a 200-day moving average of $10.03. Invesco Municipal Trust has a fifty-two week low of $9.15 and a fifty-two week high of $10.47.

Invesco Municipal Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be given a dividend of $0.0628 per share. This represents a $0.75 annualized dividend and a dividend yield of 7.68%. The ex-dividend date of this dividend is Friday, January 17th.

About Invesco Municipal Trust

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VKQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Municipal Trust (NYSE:VKQFree Report).

Institutional Ownership by Quarter for Invesco Municipal Trust (NYSE:VKQ)

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