Logan Stone Capital LLC Has $2.91 Million Holdings in Invesco Municipal Trust (NYSE:VKQ)

Logan Stone Capital LLC trimmed its position in shares of Invesco Municipal Trust (NYSE:VKQ) by 60.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 292,443 shares of the investment management company’s stock after selling 445,295 shares during the period. Logan Stone Capital LLC’s holdings in Invesco Municipal Trust were worth $2,913,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VKQ. Karpus Management Inc. boosted its holdings in Invesco Municipal Trust by 30.3% during the first quarter. Karpus Management Inc. now owns 2,703,952 shares of the investment management company’s stock valued at $26,228,000 after purchasing an additional 628,699 shares in the last quarter. Robinson Capital Management LLC boosted its position in Invesco Municipal Trust by 19.3% in the first quarter. Robinson Capital Management LLC now owns 614,403 shares of the investment management company’s stock valued at $5,766,000 after buying an additional 99,443 shares in the last quarter. Van ECK Associates Corp increased its holdings in shares of Invesco Municipal Trust by 5.5% during the first quarter. Van ECK Associates Corp now owns 441,667 shares of the investment management company’s stock worth $4,284,000 after buying an additional 22,902 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in shares of Invesco Municipal Trust by 7.1% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 294,349 shares of the investment management company’s stock valued at $2,855,000 after acquiring an additional 19,600 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Invesco Municipal Trust by 93.1% in the 1st quarter. Advisors Asset Management Inc. now owns 176,750 shares of the investment management company’s stock worth $1,714,000 after acquiring an additional 85,239 shares in the last quarter. Institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Stock Down 0.1 %

VKQ stock opened at $10.19 on Friday. The business has a fifty day moving average price of $10.11 and a 200 day moving average price of $9.83. Invesco Municipal Trust has a fifty-two week low of $7.94 and a fifty-two week high of $10.47.

Invesco Municipal Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 17th will be issued a dividend of $0.0628 per share. This represents a $0.75 dividend on an annualized basis and a yield of 7.40%. The ex-dividend date of this dividend is Tuesday, September 17th.

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.