16,300 Shares in Invesco Municipal Trust (NYSE:VKQ) Acquired by Madison Park Capital Advisors LLC

Madison Park Capital Advisors LLC acquired a new position in Invesco Municipal Trust (NYSE:VKQ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 16,300 shares of the investment management company’s stock, valued at approximately $155,000.

A number of other hedge funds also recently added to or reduced their stakes in VKQ. Bramshill Investments LLC raised its holdings in Invesco Municipal Trust by 14.6% in the 3rd quarter. Bramshill Investments LLC now owns 2,163,163 shares of the investment management company’s stock worth $18,041,000 after acquiring an additional 276,014 shares during the last quarter. AQR Arbitrage LLC raised its holdings in Invesco Municipal Trust by 78.2% in the 3rd quarter. AQR Arbitrage LLC now owns 383,742 shares of the investment management company’s stock worth $3,200,000 after acquiring an additional 168,368 shares during the last quarter. Advisor Partners II LLC purchased a new position in Invesco Municipal Trust in the 3rd quarter worth approximately $987,000. Robinson Capital Management LLC raised its holdings in Invesco Municipal Trust by 46.9% in the 3rd quarter. Robinson Capital Management LLC now owns 292,289 shares of the investment management company’s stock worth $2,448,000 after acquiring an additional 93,345 shares during the last quarter. Finally, Tyche Wealth Partners LLC purchased a new stake in Invesco Municipal Trust during the 4th quarter valued at $716,000. 32.00% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Municipal Trust Stock Performance

Shares of VKQ stock traded up $0.07 on Tuesday, reaching $9.31. The stock had a trading volume of 146,605 shares, compared to its average volume of 149,389. Invesco Municipal Trust has a 1 year low of $7.94 and a 1 year high of $9.76. The company has a 50 day simple moving average of $9.50 and a 200 day simple moving average of $9.23.

Invesco Municipal Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 16th will be given a $0.0391 dividend. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.47 annualized dividend and a yield of 5.04%.

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.