Fiera Capital Corp Sells 248,372 Shares of Invesco Municipal Trust (NYSE:VKQ)

Posted by Darlene League on Sep 4th, 2024

Fiera Capital Corp trimmed its position in Invesco Municipal Trust (NYSE:VKQ – Free Report) by 30.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 574,064 shares of the investment management company’s stock after selling 248,372 shares during the period. Fiera Capital Corp’s holdings in Invesco Municipal Trust were worth $5,718,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Financial Management Professionals Inc. bought a new position in Invesco Municipal Trust in the first quarter valued at about $49,000. Nomura Holdings Inc. bought a new position in Invesco Municipal Trust in the 4th quarter valued at approximately $101,000. B. Riley Wealth Advisors Inc. acquired a new stake in Invesco Municipal Trust during the 1st quarter worth approximately $122,000. Atlanta Consulting Group Advisors LLC bought a new stake in Invesco Municipal Trust during the 1st quarter worth approximately $136,000. Finally, Weiss Asset Management LP bought a new stake in Invesco Municipal Trust during the 4th quarter worth approximately $175,000. Institutional investors and hedge funds own 32.00% of the company’s stock.

Invesco Municipal Trust Stock Up 0.5 %

VKQ stock opened at $10.15 on Wednesday. The company has a fifty day moving average price of $10.03 and a 200-day moving average price of $9.75. Invesco Municipal Trust has a 52-week low of $7.94 and a 52-week high of $10.23.

Invesco Municipal Trust Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 30th. Investors of record on Friday, August 16th were given a dividend of $0.0628 per share. This represents a $0.75 annualized dividend and a yield of 7.43%. The ex-dividend date was Friday, August 16th.

Invesco Municipal Trust Company Profile

(Free Report)

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.