Pathstone Holdings LLC grew its holdings in Invesco Municipal Trust (NYSE:VKQ - Free Report) by 19.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 823,912 shares of the investment management company's stock after buying an additional 133,792 shares during the period. Pathstone Holdings LLC's holdings in Invesco Municipal Trust were worth $8,091,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently added to or reduced their stakes in the stock. Atlanta Consulting Group Advisors LLC purchased a new position in shares of Invesco Municipal Trust during the fourth quarter worth $118,000. First Trust Advisors LP increased its stake in Invesco Municipal Trust by 11.3% during the fourth quarter. First Trust Advisors LP now owns 11,995 shares of the investment management company's stock worth $118,000 after purchasing an additional 1,216 shares during the period. Landscape Capital Management L.L.C. acquired a new stake in shares of Invesco Municipal Trust during the fourth quarter worth about $150,000. Permanent Capital Management LP purchased a new position in shares of Invesco Municipal Trust in the fourth quarter valued at approximately $155,000. Finally, Concorde Asset Management LLC purchased a new stake in Invesco Municipal Trust during the 4th quarter worth approximately $155,000. 32.00% of the stock is currently owned by hedge funds and other institutional investors.
Invesco Municipal Trust Stock Performance
VKQ stock traded up $0.06 during midday trading on Thursday, hitting $9.16. The company's stock had a trading volume of 168,524 shares, compared to its average volume of 158,851. The firm has a 50-day simple moving average of $9.39 and a 200-day simple moving average of $9.73. Invesco Municipal Trust has a 52-week low of $8.86 and a 52-week high of $10.47.
Invesco Municipal Trust Dividend Announcement
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 issued a $0.0628 dividend. The ex-dividend date is Friday, May 16th. This represents a $0.75 dividend on an annualized basis and a yield of 8.23%.
About Invesco Municipal Trust
(
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.
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