Invesco Municipal Opportunity Trust (NYSE:VMO) Shares Bought by Raymond James & Associates

Raymond James & Associates raised its position in Invesco Municipal Opportunity Trust (NYSE:VMO) by 8.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 377,675 shares of the investment management company’s stock after buying an additional 28,419 shares during the period. Raymond James & Associates’ holdings in Invesco Municipal Opportunity Trust were worth $3,879,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new position in shares of Invesco Municipal Opportunity Trust during the 2nd quarter worth approximately $45,000. Choreo LLC acquired a new position in shares of Invesco Municipal Opportunity Trust during the 2nd quarter worth approximately $139,000. Blue Bell Private Wealth Management LLC boosted its holdings in shares of Invesco Municipal Opportunity Trust by 7.7% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 14,601 shares of the investment management company’s stock worth $147,000 after purchasing an additional 1,042 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in shares of Invesco Municipal Opportunity Trust during the 1st quarter worth approximately $180,000. Finally, Kingswood Wealth Advisors LLC boosted its holdings in shares of Invesco Municipal Opportunity Trust by 9.2% during the 2nd quarter. Kingswood Wealth Advisors LLC now owns 32,120 shares of the investment management company’s stock worth $324,000 after purchasing an additional 2,715 shares during the last quarter. 42.57% of the stock is currently owned by institutional investors and hedge funds.

Invesco Municipal Opportunity Trust Stock Performance

Shares of Invesco Municipal Opportunity Trust stock opened at $9.91 on Monday. The stock’s 50 day simple moving average is $10.13 and its 200-day simple moving average is $9.95. Invesco Municipal Opportunity Trust has a 1-year low of $8.30 and a 1-year high of $10.39.

Invesco Municipal Opportunity Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 16th were issued a $0.0625 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 7.57%. The ex-dividend date was Wednesday, October 16th.

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.