Allspring Global Investments Holdings LLC Sells 38,537 Shares of Invesco Municipal Opportunity Trust (NYSE:VMO)

Allspring Global Investments Holdings LLC lessened its position in Invesco Municipal Opportunity Trust (NYSE:VMO) by 47.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 43,363 shares of the investment management company’s stock after selling 38,537 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Invesco Municipal Opportunity Trust were worth $445,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Raymond James & Associates grew its holdings in Invesco Municipal Opportunity Trust by 2.2% during the second quarter. Raymond James & Associates now owns 349,256 shares of the investment management company’s stock valued at $3,520,000 after purchasing an additional 7,465 shares during the period. Janney Montgomery Scott LLC grew its holdings in Invesco Municipal Opportunity Trust by 12.0% during the first quarter. Janney Montgomery Scott LLC now owns 59,652 shares of the investment management company’s stock valued at $580,000 after purchasing an additional 6,396 shares during the period. B. Riley Wealth Advisors Inc. bought a new stake in Invesco Municipal Opportunity Trust during the first quarter valued at about $180,000. International Assets Investment Management LLC bought a new stake in Invesco Municipal Opportunity Trust during the second quarter valued at about $45,000. Finally, Angeles Investment Advisors LLC bought a new stake in Invesco Municipal Opportunity Trust during the second quarter valued at about $473,000. Institutional investors own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Price Performance

NYSE:VMO opened at $9.91 on Friday. The stock has a 50-day simple moving average of $10.13 and a two-hundred day simple moving average of $9.94. Invesco Municipal Opportunity Trust has a 52-week low of $8.30 and a 52-week high of $10.39.

Invesco Municipal Opportunity Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th were issued a dividend of $0.0625 per share. This represents a $0.75 annualized dividend and a yield of 7.57%. The ex-dividend date of this dividend was Wednesday, October 16th.

Invesco Municipal Opportunity Trust Company Profile

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.