Avior Wealth Management LLC Buys 3,158 Shares of Invesco Municipal Trust (NYSE:VKQ)

Avior Wealth Management LLC increased its position in Invesco Municipal Trust (NYSE:VKQ) by 19.2% in the third quarter, Holdings Channel.com reports. The fund owned 19,647 shares of the investment management company’s stock after acquiring an additional 3,158 shares during the quarter. Avior Wealth Management LLC’s holdings in Invesco Municipal Trust were worth $202,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Pathstone Holdings LLC boosted its holdings in Invesco Municipal Trust by 37.2% in the 3rd quarter. Pathstone Holdings LLC now owns 690,120 shares of the investment management company’s stock valued at $7,081,000 after purchasing an additional 187,221 shares during the period. JFS Wealth Advisors LLC boosted its stake in Invesco Municipal Trust by 1,624.1% during the third quarter. JFS Wealth Advisors LLC now owns 144,206 shares of the investment management company’s stock valued at $1,480,000 after buying an additional 135,842 shares during the period. Ackerman Capital Advisors LLC purchased a new position in Invesco Municipal Trust during the third quarter worth about $137,000. Dakota Wealth Management increased its stake in Invesco Municipal Trust by 7.2% in the 3rd quarter. Dakota Wealth Management now owns 118,661 shares of the investment management company’s stock worth $1,217,000 after acquiring an additional 7,984 shares during the last quarter. Finally, Private Advisor Group LLC purchased a new stake in shares of Invesco Municipal Trust in the 3rd quarter valued at about $108,000. Hedge funds and other institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Price Performance

Shares of NYSE VKQ opened at $9.88 on Friday. The business has a 50-day moving average of $10.11 and a 200-day moving average of $10.02. Invesco Municipal Trust has a 12 month low of $9.05 and a 12 month high of $10.47.

Invesco Municipal Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.0628 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.75 dividend on an annualized basis and a yield of 7.63%.

Invesco Municipal Trust 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.