21,455 Shares in Invesco Municipal Trust (NYSE:VKQ) Bought by Summit Trail Advisors LLC

Summit Trail Advisors LLC bought a new stake in Invesco Municipal Trust (NYSE:VKQ) during the 4th quarter, Holdings Channel.com reports. The fund bought 21,455 shares of the investment management company’s stock, valued at approximately $204,000.

A number of other large investors have also added to or reduced their stakes in the company. Van ECK Associates Corp raised its stake in shares of Invesco Municipal Trust by 14.6% during the 4th quarter. Van ECK Associates Corp now owns 418,765 shares of the investment management company’s stock worth $3,991,000 after acquiring an additional 53,370 shares in the last quarter. Herold Advisors Inc. purchased a new stake in shares of Invesco Municipal Trust during the 4th quarter valued at $98,000. Madison Park Capital Advisors LLC acquired a new stake in shares of Invesco Municipal Trust in the 4th quarter worth $155,000. Wolverine Asset Management LLC grew its stake in Invesco Municipal Trust by 155.0% during the 4th quarter. Wolverine Asset Management LLC now owns 44,877 shares of the investment management company’s stock worth $428,000 after buying an additional 27,275 shares during the last quarter. Finally, Tyche Wealth Partners LLC acquired a new position in Invesco Municipal Trust during the 4th quarter valued at about $716,000. 32.00% of the stock is currently owned by institutional investors.

Invesco Municipal Trust Price Performance

Shares of NYSE VKQ opened at $9.69 on Thursday. Invesco Municipal Trust has a fifty-two week low of $7.94 and a fifty-two week high of $9.76. The business has a 50-day simple moving average of $9.47 and a two-hundred day simple moving average of $9.30.

Invesco Municipal Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 16th will be issued a dividend of $0.0391 per share. The ex-dividend date of this dividend is Wednesday, May 15th. This represents a $0.47 annualized dividend and a dividend yield of 4.84%.

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.