Private Advisor Group LLC Invests $108,000 in Invesco Municipal Trust (NYSE:VKQ)

Private Advisor Group LLC bought a new position in Invesco Municipal Trust (NYSE:VKQ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,530 shares of the investment management company’s stock, valued at approximately $108,000.

Several other institutional investors and hedge funds also recently modified their holdings of VKQ. Blue Bell Private Wealth Management LLC purchased a new stake in shares of Invesco Municipal Trust in the second quarter worth about $68,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Invesco Municipal Trust in the first quarter worth about $122,000. Atlanta Consulting Group Advisors LLC purchased a new stake in shares of Invesco Municipal Trust in the first quarter worth about $136,000. Sanctuary Advisors LLC purchased a new stake in shares of Invesco Municipal Trust in the second quarter worth about $142,000. Finally, Madison Park Capital Advisors LLC boosted its position in shares of Invesco Municipal Trust by 61.4% in the second quarter. Madison Park Capital Advisors LLC now owns 26,335 shares of the investment management company’s stock worth $262,000 after buying an additional 10,019 shares during the period. Hedge funds and other institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Price Performance

Shares of VKQ opened at $10.10 on Friday. Invesco Municipal Trust has a one year low of $8.69 and a one year high of $10.47. The stock has a 50-day moving average price of $10.17 and a 200 day moving average price of $9.97.

Invesco Municipal Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.0628 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 7.46%. The ex-dividend date of this dividend is Friday, November 15th.

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.