Rareview Capital LLC Sells 16,646 Shares of Inv Vk Mun Tr $VKQ

Rareview Capital LLC decreased its position in Inv Vk Mun Tr (NYSE:VKQ) by 6.5% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 238,154 shares of the investment management company’s stock after selling 16,646 shares during the period. Inv Vk Mun Tr comprises approximately 1.4% of Rareview Capital LLC’s portfolio, making the stock its 20th largest position. Rareview Capital LLC’s holdings in Inv Vk Mun Tr were worth $2,179,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE acquired a new position in shares of Inv Vk Mun Tr in the 1st quarter valued at $26,000. Trust Co. of Toledo NA OH acquired a new position in Inv Vk Mun Tr in the 2nd quarter worth $38,000. Elequin Capital LP acquired a new position in Inv Vk Mun Tr in the 1st quarter worth $65,000. Wolverine Asset Management LLC acquired a new position in Inv Vk Mun Tr in the 2nd quarter worth $80,000. Finally, AlphaCore Capital LLC acquired a new position in Inv Vk Mun Tr in the 1st quarter worth $101,000. Institutional investors and hedge funds own 32.00% of the company’s stock.

Inv Vk Mun Tr Price Performance

Shares of NYSE:VKQ opened at $9.68 on Tuesday. The company’s 50-day moving average price is $9.54 and its two-hundred day moving average price is $9.31. Inv Vk Mun Tr has a one year low of $8.86 and a one year high of $10.33.

Inv Vk Mun Tr Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Monday, November 17th will be given a $0.0628 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%.

Inv Vk Mun Tr 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.