Inv Vk Mun Opp $VMO Shares Sold by Hennion & Walsh Asset Management Inc.

Key Points

• Hennion & Walsh Asset Management Inc. cut its stake in Inv Vk Mun Opp (NYSE: VMO) by 34.8%, selling 327,433 shares and leaving it with 613,220 shares valued at about $5.87 million (≈0.91% ownership).
• Inv Vk Mun Opp declared a monthly dividend of $0.0625 per share payable March 31 (record/ex-dividend date March 16), implying an annualized yield of about 8.1%.
• VMO recently traded around $9.31 (50-day/200-day moving averages $9.79/$9.68; 1‑year range $8.81–$10.10), and institutional investors/hedge funds hold roughly 42.6% of the stock.

Hennion & Walsh Asset Management Inc. decreased its stake in Inv Vk Mun Opp (NYSE:VMO - Free Report) by 34.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 613,220 shares of the investment management company's stock after selling 327,433 shares during the quarter. Hennion & Walsh Asset Management Inc. owned approximately 0.91% of Inv Vk Mun Opp worth $5,869,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC lifted its holdings in Inv Vk Mun Opp by 93.4% in the third quarter. NewEdge Advisors LLC now owns 87,631 shares of the investment management company's stock valued at $847,000 after acquiring an additional 42,328 shares during the period. Focus Partners Wealth acquired a new stake in shares of Inv Vk Mun Opp during the 3rd quarter worth approximately $158,000. Ameriprise Financial Inc. grew its stake in shares of Inv Vk Mun Opp by 25.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 938,612 shares of the investment management company's stock worth $9,084,000 after purchasing an additional 191,183 shares during the period. Wakefield Asset Management LLLP increased its holdings in shares of Inv Vk Mun Opp by 2.4% during the 3rd quarter. Wakefield Asset Management LLLP now owns 189,795 shares of the investment management company's stock valued at $1,835,000 after purchasing an additional 4,521 shares in the last quarter. Finally, Van ECK Associates Corp increased its holdings in shares of Inv Vk Mun Opp by 5.0% during the 3rd quarter. Van ECK Associates Corp now owns 436,182 shares of the investment management company's stock valued at $4,218,000 after purchasing an additional 20,883 shares in the last quarter. 42.57% of the stock is owned by institutional investors and hedge funds.

Inv Vk Mun Opp Trading Up 0.1%

VMO opened at $9.31 on Monday. The firm has a fifty day moving average price of $9.79 and a 200 day moving average price of $9.68. Inv Vk Mun Opp has a 1 year low of $8.81 and a 1 year high of $10.10.

Inv Vk Mun Opp Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a $0.0625 dividend. The ex-dividend date is Monday, March 16th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%.

About Inv Vk Mun Opp

Inv Vk Mun Opp NYSE: VMO, known as the Invesco Municipal Opportunity Trust, is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax, along with the potential for capital appreciation. The fund primarily invests in a diversified portfolio of municipal securities issued by U.S. states, cities and local governments. Its investment strategy emphasizes selecting undervalued bonds that offer attractive tax-exempt yields, while maintaining a focus on credit quality and liquidity.

The portfolio manager employs both fundamental credit analysis and relative-value techniques to identify investment opportunities across various sectors of the municipal bond market.

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