Invesco Municipal Trust (NYSE:VKQ - Get Free Report)'s share price reached a new 52-week high on Thursday . The company traded as high as $9.76 and last traded at $9.71, with a volume of 19608 shares trading hands. The stock had previously closed at $9.72.
Invesco Municipal Trust Stock Performance
The firm's 50-day simple moving average is $9.47 and its 200 day simple moving average is $9.31.
Invesco Municipal Trust Dividend Announcement
The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 16th will be given a $0.0391 dividend. This represents a $0.47 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date of this dividend is Wednesday, May 15th.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of VKQ. Financial Management Professionals Inc. acquired a new position in shares of Invesco Municipal Trust during the 1st quarter worth about $49,000. Oppenheimer & Co. Inc. bought a new stake in Invesco Municipal Trust in the third quarter valued at approximately $86,000. Herold Advisors Inc. acquired a new stake in shares of Invesco Municipal Trust in the fourth quarter valued at approximately $98,000. Nomura Holdings Inc. bought a new position in shares of Invesco Municipal Trust during the 4th quarter worth approximately $101,000. Finally, Relyea Zuckerberg Hanson LLC bought a new position in shares of Invesco Municipal Trust during the 4th quarter worth approximately $139,000. 32.00% of the stock is owned by institutional investors and hedge funds.
About Invesco Municipal Trust
(
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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.
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