Van ECK Associates Corp Buys 10,868 Shares of Invesco Municipal Trust (NYSE:VKQ)

Van ECK Associates Corp grew its position in Invesco Municipal Trust (NYSE:VKQ) by 2.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 413,979 shares of the investment management company’s stock after acquiring an additional 10,868 shares during the quarter. Van ECK Associates Corp’s holdings in Invesco Municipal Trust were worth $4,061,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Seamount Financial Group Inc. grew its stake in shares of Invesco Municipal Trust by 1.6% in the 4th quarter. Seamount Financial Group Inc. now owns 81,858 shares of the investment management company’s stock valued at $803,000 after purchasing an additional 1,287 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of Invesco Municipal Trust by 2.3% in the third quarter. Rockefeller Capital Management L.P. now owns 87,568 shares of the investment management company’s stock valued at $898,000 after buying an additional 1,965 shares in the last quarter. Community Bank N.A. increased its stake in shares of Invesco Municipal Trust by 100.0% in the third quarter. Community Bank N.A. now owns 4,000 shares of the investment management company’s stock valued at $41,000 after buying an additional 2,000 shares in the last quarter. Avior Wealth Management LLC raised its holdings in shares of Invesco Municipal Trust by 19.2% in the third quarter. Avior Wealth Management LLC now owns 19,647 shares of the investment management company’s stock valued at $202,000 after buying an additional 3,158 shares during the last quarter. Finally, Wealth Alliance Advisory Group LLC lifted its position in Invesco Municipal Trust by 10.2% during the 4th quarter. Wealth Alliance Advisory Group LLC now owns 66,516 shares of the investment management company’s stock worth $653,000 after buying an additional 6,134 shares in the last quarter. Institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Price Performance

Shares of NYSE:VKQ opened at $10.04 on Thursday. Invesco Municipal Trust has a 12 month low of $9.15 and a 12 month high of $10.47. The company’s 50-day moving average price is $9.82 and its two-hundred day moving average price is $10.02.

Invesco Municipal Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be given a $0.0628 dividend. This represents a $0.75 annualized dividend and a yield of 7.51%. The ex-dividend date is Tuesday, February 18th.

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.