Van ECK Associates Corp Has $4.93 Million Stake in Invesco Municipal Opportunity Trust (NYSE:VMO)

Van ECK Associates Corp grew its stake in Invesco Municipal Opportunity Trust (NYSE:VMOFree Report) by 4.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 507,362 shares of the investment management company’s stock after purchasing an additional 21,173 shares during the period. Van ECK Associates Corp’s holdings in Invesco Municipal Opportunity Trust were worth $4,932,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Avior Wealth Management LLC raised its position in Invesco Municipal Opportunity Trust by 668.4% during the 4th quarter. Avior Wealth Management LLC now owns 8,491 shares of the investment management company’s stock worth $83,000 after purchasing an additional 7,386 shares during the last quarter. Encompass More Asset Management bought a new position in Invesco Municipal Opportunity Trust during the 3rd quarter worth approximately $133,000. Kercheville Advisors LLC lifted its position in shares of Invesco Municipal Opportunity Trust by 15.3% in the 3rd quarter. Kercheville Advisors LLC now owns 15,067 shares of the investment management company’s stock worth $155,000 after purchasing an additional 2,000 shares during the period. Ackerman Capital Advisors LLC bought a new stake in shares of Invesco Municipal Opportunity Trust in the 3rd quarter valued at $161,000. Finally, Walleye Capital LLC acquired a new stake in shares of Invesco Municipal Opportunity Trust during the third quarter worth $164,000. 42.57% of the stock is owned by institutional investors.

Invesco Municipal Opportunity Trust Stock Down 0.9 %

VMO stock opened at $9.80 on Wednesday. Invesco Municipal Opportunity Trust has a fifty-two week low of $9.22 and a fifty-two week high of $10.39. The stock’s 50 day simple moving average is $9.73 and its 200 day simple moving average is $9.95.

Invesco Municipal Opportunity Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be issued a $0.0625 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.66%. The ex-dividend date of this dividend is Tuesday, February 18th.

Invesco Municipal Opportunity Trust Company Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for Invesco Municipal Opportunity Trust (NYSE:VMO)

Receive News & Ratings for Invesco Municipal Opportunity Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Municipal Opportunity Trust and related companies with MarketBeat.com's FREE daily email newsletter.