TCG Advisory Services LLC Sells 3,817 Shares of Invesco Municipal Opportunity Trust (NYSE:VMO)

TCG Advisory Services LLC decreased its holdings in shares of Invesco Municipal Opportunity Trust (NYSE:VMO) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 134,509 shares of the investment management company’s stock after selling 3,817 shares during the quarter. TCG Advisory Services LLC’s holdings in Invesco Municipal Opportunity Trust were worth $1,293,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Van ECK Associates Corp increased its stake in Invesco Municipal Opportunity Trust by 13.4% during the fourth quarter. Van ECK Associates Corp now owns 508,977 shares of the investment management company’s stock valued at $4,891,000 after acquiring an additional 60,219 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Invesco Municipal Opportunity Trust in the 4th quarter valued at $4,440,000. Simon Quick Advisors LLC raised its stake in shares of Invesco Municipal Opportunity Trust by 8.7% in the 4th quarter. Simon Quick Advisors LLC now owns 23,156 shares of the investment management company’s stock valued at $223,000 after buying an additional 1,847 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new position in shares of Invesco Municipal Opportunity Trust during the 4th quarter worth about $207,000. Finally, AQR Arbitrage LLC lifted its stake in Invesco Municipal Opportunity Trust by 95.9% during the third quarter. AQR Arbitrage LLC now owns 453,977 shares of the investment management company’s stock worth $3,736,000 after purchasing an additional 222,223 shares during the period. Institutional investors own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Trading Up 0.7 %

Shares of VMO stock traded up $0.07 during trading hours on Friday, hitting $9.42. The company had a trading volume of 944,283 shares, compared to its average volume of 121,401. The firm’s fifty day moving average is $9.53 and its 200 day moving average is $9.29. Invesco Municipal Opportunity Trust has a 12 month low of $7.86 and a 12 month high of $9.80.

Invesco Municipal Opportunity Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 16th will be given a dividend of $0.0385 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date of this dividend is Wednesday, May 15th.

Invesco Municipal Opportunity Trust Profile

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.