INV VK MUN OPP $VMO Stock Position Decreased by Invesco Ltd.

Invesco Ltd. reduced its stake in shares of INV VK MUN OPP (NYSE:VMO - Free Report) by 26.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 111,426 shares of the investment management company's stock after selling 39,940 shares during the period. Invesco Ltd. owned 0.17% of INV VK MUN OPP worth $1,057,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Wakefield Asset Management LLLP boosted its position in INV VK MUN OPP by 0.7% during the first quarter. Wakefield Asset Management LLLP now owns 187,884 shares of the investment management company's stock worth $1,783,000 after acquiring an additional 1,309 shares during the last quarter. Riverbridge Partners LLC boosted its position in INV VK MUN OPP by 7.3% during the first quarter. Riverbridge Partners LLC now owns 24,966 shares of the investment management company's stock worth $237,000 after acquiring an additional 1,688 shares during the last quarter. US Bancorp DE boosted its position in INV VK MUN OPP by 413.3% during the first quarter. US Bancorp DE now owns 2,700 shares of the investment management company's stock worth $26,000 after acquiring an additional 2,174 shares during the last quarter. Mackay Shields LLC boosted its position in INV VK MUN OPP by 1.2% during the first quarter. Mackay Shields LLC now owns 207,705 shares of the investment management company's stock worth $1,971,000 after acquiring an additional 2,367 shares during the last quarter. Finally, Stratos Wealth Advisors LLC boosted its position in INV VK MUN OPP by 3.0% during the first quarter. Stratos Wealth Advisors LLC now owns 89,695 shares of the investment management company's stock worth $851,000 after acquiring an additional 2,644 shares during the last quarter. 42.57% of the stock is currently owned by institutional investors and hedge funds.

INV VK MUN OPP Stock Up 0.7%

NYSE VMO traded up $0.06 during mid-day trading on Friday, reaching $9.22. 782,275 shares of the stock were exchanged, compared to its average volume of 256,019. INV VK MUN OPP has a 1-year low of $8.81 and a 1-year high of $10.39. The business's fifty day simple moving average is $9.15 and its 200 day simple moving average is $9.29.

INV VK MUN OPP Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 8.1%.

INV VK MUN OPP 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.