Inv Vk Mun Opp (NYSE:VMO - Get Free Report) announced a monthly dividend on Wednesday, July 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, July 16th will be paid a dividend of 0.0625 per share by the investment management company on Thursday, July 31st. This represents a $0.75 annualized dividend and a dividend yield of 8.10%. The ex-dividend date of this dividend is Wednesday, July 16th.
Inv Vk Mun Opp Trading Up 0.1%
VMO stock traded up $0.01 during trading on Wednesday, hitting $9.26. The stock had a trading volume of 172,725 shares, compared to its average volume of 256,271. The company's 50-day moving average price is $9.19 and its two-hundred day moving average price is $9.46. Inv Vk Mun Opp has a twelve month low of $8.81 and a twelve month high of $10.39.
Institutional Trading of Inv Vk Mun Opp
Several large investors have recently made changes to their positions in VMO. Royal Bank of Canada raised its position in shares of Inv Vk Mun Opp by 16.9% in the first quarter. Royal Bank of Canada now owns 44,400 shares of the investment management company's stock valued at $421,000 after buying an additional 6,422 shares during the last quarter. NewEdge Advisors LLC grew its stake in Inv Vk Mun Opp by 7.4% during the 1st quarter. NewEdge Advisors LLC now owns 57,365 shares of the investment management company's stock valued at $544,000 after acquiring an additional 3,937 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in Inv Vk Mun Opp in the 1st quarter valued at about $156,000. 42.57% of the stock is currently owned by hedge funds and other institutional investors.
About Inv Vk Mun Opp
(
Get 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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