Stifel Financial Corp Has $1.96 Million Stock Holdings in Invesco Municipal Opportunity Trust (NYSE:VMO)

Stifel Financial Corp grew its holdings in Invesco Municipal Opportunity Trust (NYSE:VMO - Free Report) by 72.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 201,656 shares of the investment management company's stock after acquiring an additional 84,593 shares during the quarter. Stifel Financial Corp's holdings in Invesco Municipal Opportunity Trust were worth $1,960,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Raymond James Financial Inc. bought a new position in shares of Invesco Municipal Opportunity Trust during the fourth quarter worth about $7,598,000. Robinson Capital Management LLC grew its holdings in shares of Invesco Municipal Opportunity Trust by 44.1% during the fourth quarter. Robinson Capital Management LLC now owns 1,697,121 shares of the investment management company's stock worth $16,496,000 after buying an additional 519,405 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Invesco Municipal Opportunity Trust by 214.7% during the fourth quarter. LPL Financial LLC now owns 452,242 shares of the investment management company's stock worth $4,396,000 after buying an additional 308,518 shares in the last quarter. Guggenheim Capital LLC grew its holdings in shares of Invesco Municipal Opportunity Trust by 48.2% during the fourth quarter. Guggenheim Capital LLC now owns 945,263 shares of the investment management company's stock worth $9,188,000 after buying an additional 307,338 shares in the last quarter. Finally, Rareview Capital LLC grew its holdings in shares of Invesco Municipal Opportunity Trust by 79.9% during the fourth quarter. Rareview Capital LLC now owns 288,132 shares of the investment management company's stock worth $2,959,000 after buying an additional 127,963 shares in the last quarter. 42.57% of the stock is currently owned by institutional investors.

Invesco Municipal Opportunity Trust Stock Up 0.2%

Shares of NYSE:VMO traded up $0.02 during mid-day trading on Friday, reaching $9.39. 130,496 shares of the stock were exchanged, compared to its average volume of 248,259. Invesco Municipal Opportunity Trust has a one year low of $8.81 and a one year high of $10.39. The stock's 50 day simple moving average is $9.39 and its 200-day simple moving average is $9.67.

Invesco Municipal Opportunity Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.75 annualized dividend and a yield of 7.99%.

About Invesco Municipal Opportunity Trust

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.