Inv Vk Mun Tr (NYSE:VKQ) Stock Holdings Decreased by Fiera Capital Corp

Key Points

• Fiera Capital Corp reduced its stake in Inv Vk Mun Tr by 6.2%, holding 534,790 shares worth approximately $5.16 million as of its latest SEC filing.
• Various institutional investors have increased stakes in the fund, with 32% of the stock currently owned by institutional investors and hedge funds.
• Inv Vk Mun Tr announced a monthly dividend of $0.0628 per share with an annualized yield of 8.37%, payable at the end of July.

Fiera Capital Corp cut its stake in Inv Vk Mun Tr (NYSE:VKQ - Free Report) by 6.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 534,790 shares of the investment management company's stock after selling 35,454 shares during the period. Fiera Capital Corp owned approximately 0.97% of Inv Vk Mun Tr worth $5,161,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in VKQ. Guggenheim Capital LLC boosted its holdings in shares of Inv Vk Mun Tr by 22.5% in the 4th quarter. Guggenheim Capital LLC now owns 1,067,087 shares of the investment management company's stock valued at $10,468,000 after purchasing an additional 196,259 shares during the last quarter. Pathstone Holdings LLC boosted its holdings in shares of Inv Vk Mun Tr by 19.4% in the 4th quarter. Pathstone Holdings LLC now owns 823,912 shares of the investment management company's stock valued at $8,091,000 after purchasing an additional 133,792 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Inv Vk Mun Tr by 23.6% in the 1st quarter. LPL Financial LLC now owns 542,278 shares of the investment management company's stock valued at $5,233,000 after purchasing an additional 103,374 shares during the last quarter. Stratos Wealth Advisors LLC boosted its holdings in shares of Inv Vk Mun Tr by 1.2% in the 1st quarter. Stratos Wealth Advisors LLC now owns 205,186 shares of the investment management company's stock valued at $1,980,000 after purchasing an additional 2,519 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its holdings in shares of Inv Vk Mun Tr by 3.4% in the 4th quarter. Baird Financial Group Inc. now owns 166,723 shares of the investment management company's stock valued at $1,636,000 after purchasing an additional 5,408 shares during the last quarter. 32.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Inv Vk Mun Tr

In other Inv Vk Mun Tr news, Portfolio Manager Timothy M. O'reilly bought 5,400 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were acquired at an average price of $9.19 per share, with a total value of $49,626.00. Following the purchase, the portfolio manager owned 5,400 shares in the company, valued at approximately $49,626. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.37% of the company's stock.

Inv Vk Mun Tr Stock Up 1.4%

Shares of VKQ traded up $0.13 during mid-day trading on Friday, reaching $9.16. The company had a trading volume of 150,593 shares, compared to its average volume of 183,076. The firm has a fifty day simple moving average of $9.13 and a 200-day simple moving average of $9.45. Inv Vk Mun Tr has a fifty-two week low of $8.86 and a fifty-two week high of $10.47.

Inv Vk Mun Tr Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, July 31st. Stockholders of record on Wednesday, July 16th were paid a $0.0628 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend was Wednesday, July 16th.

Inv Vk Mun Tr 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.