Invesco Municipal Trust (NYSE:VKQ) Shares Sold by Logan Stone Capital LLC

Logan Stone Capital LLC cut its position in Invesco Municipal Trust (NYSE:VKQ - Free Report) by 95.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,123 shares of the investment management company's stock after selling 219,031 shares during the period. Logan Stone Capital LLC's holdings in Invesco Municipal Trust were worth $109,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Baird Financial Group Inc. boosted its stake in Invesco Municipal Trust by 3.4% during the fourth quarter. Baird Financial Group Inc. now owns 166,723 shares of the investment management company's stock worth $1,636,000 after buying an additional 5,408 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Invesco Municipal Trust by 9.4% during the 4th quarter. Bank of America Corp DE now owns 147,180 shares of the investment management company's stock valued at $1,444,000 after acquiring an additional 12,624 shares during the last quarter. Stifel Financial Corp boosted its position in shares of Invesco Municipal Trust by 218.4% during the 4th quarter. Stifel Financial Corp now owns 37,905 shares of the investment management company's stock valued at $372,000 after acquiring an additional 26,000 shares during the last quarter. First Trust Advisors LP boosted its position in shares of Invesco Municipal Trust by 11.3% during the 4th quarter. First Trust Advisors LP now owns 11,995 shares of the investment management company's stock valued at $118,000 after acquiring an additional 1,216 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of Invesco Municipal Trust by 3.1% during the 4th quarter. NewEdge Advisors LLC now owns 48,928 shares of the investment management company's stock valued at $480,000 after acquiring an additional 1,470 shares during the last quarter. 32.00% of the stock is owned by institutional investors and hedge funds.

Invesco Municipal Trust Trading Down 0.4%

Shares of VKQ stock traded down $0.04 on Friday, hitting $9.34. 118,161 shares of the stock traded hands, compared to its average volume of 158,985. The firm's 50-day moving average price is $9.43 and its two-hundred day moving average price is $9.75. Invesco Municipal Trust has a twelve month low of $8.86 and a twelve month high of $10.47.

Invesco Municipal Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a dividend of $0.0628 per share. The ex-dividend date is Friday, May 16th. This represents a $0.75 annualized dividend and a dividend yield of 8.07%.

Invesco Municipal Trust Profile

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.