Fiera Capital Corp Lowers Stock Position in Invesco Municipal Opportunity Trust (NYSE:VMO)

Fiera Capital Corp reduced its position in shares of Invesco Municipal Opportunity Trust (NYSE:VMO) by 30.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 569,318 shares of the investment management company’s stock after selling 250,736 shares during the quarter. Fiera Capital Corp’s holdings in Invesco Municipal Opportunity Trust were worth $5,739,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC grew its stake in Invesco Municipal Opportunity Trust by 2.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 53,256 shares of the investment management company’s stock valued at $512,000 after acquiring an additional 1,282 shares during the period. Wellspring Financial Advisors LLC grew its position in shares of Invesco Municipal Opportunity Trust by 17.6% in the fourth quarter. Wellspring Financial Advisors LLC now owns 16,000 shares of the investment management company’s stock valued at $154,000 after purchasing an additional 2,400 shares during the period. Kingswood Wealth Advisors LLC increased its stake in shares of Invesco Municipal Opportunity Trust by 9.2% during the second 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 in the last quarter. Financial Management Professionals Inc. purchased a new stake in shares of Invesco Municipal Opportunity Trust during the first quarter worth about $42,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Invesco Municipal Opportunity Trust during the 2nd quarter worth about $45,000. 42.57% of the stock is currently owned by institutional investors and hedge funds.

Invesco Municipal Opportunity Trust Trading Up 0.2 %

VMO stock opened at $10.22 on Monday. Invesco Municipal Opportunity Trust has a 12-month low of $7.86 and a 12-month high of $10.39. The business’s 50-day moving average is $10.12 and its 200 day moving average is $9.86.

Invesco Municipal Opportunity Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 17th will be given a dividend of $0.0625 per share. This represents a $0.75 annualized dividend and a dividend yield of 7.34%. The ex-dividend date of this dividend is Tuesday, September 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.