HighTower Advisors LLC Purchases New Position in Invesco Municipal Trust (NYSE:VKQ)

HighTower Advisors LLC acquired a new stake in Invesco Municipal Trust (NYSE:VKQ) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 41,222 shares of the investment management company’s stock, valued at approximately $429,000.

Other institutional investors have also added to or reduced their stakes in the company. Pathstone Holdings LLC boosted its stake in shares of 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 worth $7,081,000 after buying an additional 187,221 shares during the last quarter. JFS Wealth Advisors LLC lifted its holdings in Invesco Municipal Trust by 1,624.1% in 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 acquiring an additional 135,842 shares during the period. Stratos Wealth Advisors LLC boosted its position in Invesco Municipal Trust by 88.1% in the third quarter. Stratos Wealth Advisors LLC now owns 207,716 shares of the investment management company’s stock worth $2,131,000 after purchasing an additional 97,273 shares during the last quarter. Rothschild Investment LLC bought a new stake in shares of Invesco Municipal Trust during the 2nd quarter valued at about $911,000. Finally, Wealthspire Advisors LLC purchased a new stake in shares of Invesco Municipal Trust during the 2nd quarter valued at about $441,000. 32.00% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Municipal Trust Price Performance

VKQ opened at $9.55 on Friday. The company’s 50 day moving average is $10.04 and its 200 day moving average is $10.07. Invesco Municipal Trust has a 12-month low of $9.15 and a 12-month high of $10.47.

Invesco Municipal Trust Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 17th will be given a dividend of $0.0628 per share. The ex-dividend date of this dividend is Tuesday, December 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.