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

Stifel Financial Corp lifted its position in Invesco Municipal Opportunity Trust (NYSE:VMO - Free Report) by 72.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 201,656 shares of the investment management company's stock after buying an additional 84,593 shares during the period. Stifel Financial Corp's holdings in Invesco Municipal Opportunity Trust were worth $1,960,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Venturi Wealth Management LLC raised its position in shares of Invesco Municipal Opportunity Trust by 885.4% during the fourth quarter. Venturi Wealth Management LLC now owns 6,366 shares of the investment management company's stock worth $62,000 after purchasing an additional 5,720 shares during the period. Avior Wealth Management LLC raised its holdings in Invesco Municipal Opportunity Trust by 668.4% during the 4th quarter. Avior Wealth Management LLC now owns 8,491 shares of the investment management company's stock worth $83,000 after buying an additional 7,386 shares during the period. Permanent Capital Management LP bought a new position in Invesco Municipal Opportunity Trust in the fourth quarter valued at approximately $152,000. Live Oak Private Wealth LLC bought a new position in Invesco Municipal Opportunity Trust in the fourth quarter valued at approximately $194,000. Finally, Aristides Capital LLC acquired a new position in shares of Invesco Municipal Opportunity Trust in the fourth quarter valued at approximately $212,000. 42.57% of the stock is currently owned by institutional investors.

Invesco Municipal Opportunity Trust Stock Performance

Shares of NYSE:VMO opened at $9.33 on Tuesday. Invesco Municipal Opportunity Trust has a 12 month low of $8.81 and a 12 month high of $10.39. The company's fifty day simple moving average is $9.44 and its 200 day simple moving average is $9.69.

Invesco Municipal Opportunity Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be paid a $0.0625 dividend. This represents a $0.75 annualized dividend and a dividend yield of 8.04%. The ex-dividend date of this dividend is Friday, May 16th.

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.

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