Shares of Inv Vk Mun Tr (NYSE:VKQ - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.48 and traded as low as $8.95. Inv Vk Mun Tr shares last traded at $8.97, with a volume of 131,737 shares changing hands.
Inv Vk Mun Tr Price Performance
The business's fifty day moving average price is $9.14 and its two-hundred day moving average price is $9.47.
Inv Vk Mun Tr Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Wednesday, July 16th will be issued a $0.0628 dividend. This represents a $0.75 annualized dividend and a yield of 8.39%. The ex-dividend date is Wednesday, July 16th.
Insider Activity
In other Inv Vk Mun Tr news, Portfolio Manager Timothy M. O'reilly acquired 5,400 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was purchased at an average price of $9.19 per share, with a total value of $49,626.00. Following the transaction, the portfolio manager directly owned 5,400 shares of the company's stock, valued at $49,626. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 5.37% of the company's stock.
Institutional Investors Weigh In On Inv Vk Mun Tr
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Trust Co. of Toledo NA OH purchased a new position in shares of Inv Vk Mun Tr in the 2nd quarter valued at approximately $38,000. Riverbridge Partners LLC increased its stake in Inv Vk Mun Tr by 5.3% during the 2nd quarter. Riverbridge Partners LLC now owns 30,542 shares of the investment management company's stock valued at $279,000 after purchasing an additional 1,539 shares in the last quarter. Wealth Alliance Advisory Group LLC raised its holdings in shares of Inv Vk Mun Tr by 3.9% in the second quarter. Wealth Alliance Advisory Group LLC now owns 72,716 shares of the investment management company's stock worth $665,000 after buying an additional 2,750 shares during the last quarter. Jones Financial Companies Lllp acquired a new stake in shares of Inv Vk Mun Tr during the first quarter worth $769,000. Finally, Concorde Asset Management LLC grew its holdings in shares of Inv Vk Mun Tr by 64.1% during the first quarter. Concorde Asset Management LLC now owns 25,924 shares of the investment management company's stock valued at $244,000 after buying an additional 10,130 shares during the last quarter. 32.00% of the stock is currently owned by hedge funds and other institutional investors.
Inv Vk Mun Tr Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider INV VK MUN TR, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and INV VK MUN TR wasn't on the list.
While INV VK MUN TR currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
