Herold Advisors Inc. Buys New Shares in Invesco Municipal Trust (NYSE:VKQ)

Herold Advisors Inc. bought a new stake in Invesco Municipal Trust (NYSE:VKQ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,293 shares of the investment management company’s stock, valued at approximately $98,000.

Several other hedge funds have also made changes to their positions in the stock. Madison Park Capital Advisors LLC acquired a new position in Invesco Municipal Trust in the fourth quarter worth about $155,000. Wolverine Asset Management LLC raised its position in Invesco Municipal Trust by 155.0% in the fourth quarter. Wolverine Asset Management LLC now owns 44,877 shares of the investment management company’s stock worth $428,000 after purchasing an additional 27,275 shares in the last quarter. Tyche Wealth Partners LLC acquired a new position in Invesco Municipal Trust in the fourth quarter worth about $716,000. Relyea Zuckerberg Hanson LLC acquired a new position in Invesco Municipal Trust in the fourth quarter worth about $139,000. Finally, Simon Quick Advisors LLC acquired a new position in Invesco Municipal Trust in the fourth quarter worth about $217,000. Institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Stock Performance

NYSE:VKQ traded up $0.06 during mid-day trading on Friday, hitting $9.26. The company’s stock had a trading volume of 66,056 shares, compared to its average volume of 147,306. Invesco Municipal Trust has a fifty-two week low of $7.94 and a fifty-two week high of $9.76. The stock has a fifty day moving average of $9.48 and a 200-day moving average of $9.23.

Invesco Municipal Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be given a $0.0391 dividend. This represents a $0.47 annualized dividend and a yield of 5.07%. The ex-dividend date is Monday, April 15th.

Invesco Municipal Trust Company Profile

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.