Invesco Municipal Opportunity Trust (NYSE:VMO - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $9.39 and traded as high as $9.40. Invesco Municipal Opportunity Trust shares last traded at $9.38, with a volume of 202,227 shares.
Invesco Municipal Opportunity Trust Trading Down 1.0%
The business's 50-day moving average price is $9.36 and its 200 day moving average price is $9.65.
Invesco Municipal Opportunity Trust Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be paid a $0.0625 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 8.11%. The ex-dividend date is Friday, May 16th.
Institutional Trading of Invesco Municipal Opportunity Trust
A number of hedge funds have recently made changes to their positions in VMO. Wakefield Asset Management LLLP boosted its stake in Invesco Municipal Opportunity Trust by 0.7% in the first quarter. Wakefield Asset Management LLLP now owns 187,884 shares of the investment management company's stock worth $1,783,000 after buying an additional 1,309 shares in the last quarter. Garner Asset Management Corp boosted its position in Invesco Municipal Opportunity Trust by 1.3% during the fourth quarter. Garner Asset Management Corp now owns 117,254 shares of the investment management company's stock valued at $1,140,000 after buying an additional 1,507 shares during the period. Bank of Montreal Can grew its stake in shares of Invesco Municipal Opportunity Trust by 4.1% during the fourth quarter. Bank of Montreal Can now owns 39,745 shares of the investment management company's stock valued at $386,000 after buying an additional 1,578 shares during the last quarter. Riverbridge Partners LLC lifted its position in Invesco Municipal Opportunity Trust by 7.3% in the first quarter. Riverbridge Partners LLC now owns 24,966 shares of the investment management company's stock valued at $237,000 after purchasing an additional 1,688 shares during the last quarter. Finally, US Bancorp DE boosted its position in Invesco Municipal Opportunity Trust by 413.3% during the 1st quarter. US Bancorp DE now owns 2,700 shares of the investment management company's stock valued at $26,000 after buying an additional 2,174 shares during the period. 42.57% of the stock is owned by institutional investors.
Invesco Municipal Opportunity Trust Company Profile
(
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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