Inv Vk Mun Opp (NYSE:VMO - Get Free Report) reached a new 52-week low on Wednesday. The company traded as low as $8.12 and last traded at $8.2990, with a volume of 817089 shares traded. The stock had previously closed at $8.37.
Inv Vk Mun Opp Stock Performance
The firm has a 50-day moving average of $9.48 and a 200-day moving average of $9.63.
Inv Vk Mun Opp Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 14th will be paid a $0.0625 dividend. This represents a $0.75 annualized dividend and a yield of 9.0%. The ex-dividend date is Monday, September 14th.
Institutional Investors Weigh In On Inv Vk Mun Opp
Several institutional investors and hedge funds have recently modified their holdings of VMO. Hennion & Walsh Asset Management Inc. boosted its position in shares of Inv Vk Mun Opp by 89.8% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 1,277,578 shares of the investment management company's stock worth $12,610,000 after acquiring an additional 604,561 shares during the last quarter. Kestra Advisory Services LLC increased its holdings in Inv Vk Mun Opp by 19.4% in the 1st quarter. Kestra Advisory Services LLC now owns 523,813 shares of the investment management company's stock valued at $4,981,000 after acquiring an additional 85,183 shares during the last quarter. Van ECK Associates Corp increased its holdings in Inv Vk Mun Opp by 1.6% in the 2nd quarter. Van ECK Associates Corp now owns 451,018 shares of the investment management company's stock valued at $4,452,000 after acquiring an additional 6,915 shares during the last quarter. Royal Bank of Canada lifted its stake in Inv Vk Mun Opp by 25.6% in the 1st quarter. Royal Bank of Canada now owns 169,567 shares of the investment management company's stock worth $1,612,000 after purchasing an additional 34,600 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Inv Vk Mun Opp by 8.6% in the 2nd quarter. NewEdge Advisors LLC now owns 137,771 shares of the investment management company's stock worth $1,360,000 after purchasing an additional 10,896 shares in the last quarter. Institutional investors own 42.57% of the company's stock.
About Inv Vk Mun Opp
(
Get Free Report)
Invesco Municipal Opportunity Trust NYSE: VMO is a closed-end investment company that seeks to provide current income exempt from regular federal income tax. The fund primarily invests in a portfolio of municipal securities issued by states, municipalities and other public-sector entities in the United States.
The portfolio may include tax-exempt bonds and other debt obligations used to finance public infrastructure and services, such as schools, transportation systems, utilities and healthcare facilities.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Inv Vk Mun Opp, 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 Opp wasn't on the list.
While Inv Vk Mun Opp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.
Link copied to clipboard.
