Steward Partners Investment Advisory LLC Purchases 13,364 Shares of Invesco Municipal Opportunity Trust (NYSE:VMO)

Steward Partners Investment Advisory LLC increased its position in shares of Invesco Municipal Opportunity Trust (NYSE:VMO) by 13.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 115,193 shares of the investment management company’s stock after buying an additional 13,364 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Invesco Municipal Opportunity Trust were worth $1,120,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of VMO. HighTower Advisors LLC bought a new position in shares of Invesco Municipal Opportunity Trust in the 3rd quarter worth about $496,000. Stifel Financial Corp grew its stake in Invesco Municipal Opportunity Trust by 35.2% during the third quarter. Stifel Financial Corp now owns 117,063 shares of the investment management company’s stock worth $1,202,000 after purchasing an additional 30,463 shares during the period. Van ECK Associates Corp increased its holdings in Invesco Municipal Opportunity Trust by 4.4% in the fourth quarter. Van ECK Associates Corp now owns 507,362 shares of the investment management company’s stock worth $4,932,000 after purchasing an additional 21,173 shares in the last quarter. Walleye Capital LLC acquired a new position in Invesco Municipal Opportunity Trust in the third quarter valued at approximately $164,000. Finally, Insight Wealth Strategies LLC bought a new position in shares of Invesco Municipal Opportunity Trust during the 4th quarter worth approximately $247,000. Institutional investors and hedge funds own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Trading Down 0.7 %

NYSE:VMO opened at $9.74 on Monday. Invesco Municipal Opportunity Trust has a twelve month low of $9.22 and a twelve month high of $10.39. The company has a fifty day moving average of $9.76 and a 200-day moving average of $9.93.

Invesco Municipal Opportunity Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a $0.0625 dividend. This represents a $0.75 annualized dividend and a yield of 7.70%. The ex-dividend date of this dividend is Monday, March 17th.

Invesco Municipal Opportunity Trust 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.