Invesco Ltd. decreased its position in INV VK MUN OPP (NYSE:VMO - Free Report) by 26.4% in the first 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 quarter. Invesco Ltd. owned 0.17% of INV VK MUN OPP worth $1,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of VMO. Ameriprise Financial Inc. lifted its position in INV VK MUN OPP by 160.3% in the 4th quarter. Ameriprise Financial Inc. now owns 299,320 shares of the investment management company's stock worth $2,909,000 after buying an additional 184,317 shares during the last quarter. Stifel Financial Corp lifted its position in INV VK MUN OPP by 72.3% in the 4th quarter. Stifel Financial Corp now owns 201,656 shares of the investment management company's stock worth $1,960,000 after buying an additional 84,593 shares during the last quarter. LPL Financial LLC lifted its position in INV VK MUN OPP by 17.8% in the 1st quarter. LPL Financial LLC now owns 532,899 shares of the investment management company's stock worth $5,057,000 after buying an additional 80,657 shares during the last quarter. Planning Alternatives Ltd. ADV lifted its position in INV VK MUN OPP by 87.2% in the 1st quarter. Planning Alternatives Ltd. ADV now owns 73,000 shares of the investment management company's stock worth $693,000 after buying an additional 34,000 shares during the last quarter. Finally, AlphaCore Capital LLC bought a new stake in INV VK MUN OPP in the 1st quarter worth approximately $301,000. Institutional investors own 42.57% of the company's stock.
INV VK MUN OPP Stock Performance
VMO stock traded up $0.06 during midday trading on Friday, hitting $9.22. The company had a trading volume of 782,275 shares, compared to its average volume of 302,660. INV VK MUN OPP has a 52 week low of $8.81 and a 52 week high of $10.39. The stock's 50 day moving average price is $9.16 and its 200 day moving average price is $9.27.
INV VK MUN OPP Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 16th will be given a $0.0625 dividend. The ex-dividend date is Tuesday, September 16th. This represents a c) annualized dividend and a yield of 8.1%.
About INV VK MUN OPP
(
Free Report)
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.
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