Wealth Alliance Advisory Group LLC Acquires 6,134 Shares of Invesco Municipal Trust (NYSE:VKQ)

Wealth Alliance Advisory Group LLC boosted its holdings in shares of Invesco Municipal Trust (NYSE:VKQ) by 10.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,516 shares of the investment management company’s stock after purchasing an additional 6,134 shares during the period. Wealth Alliance Advisory Group LLC’s holdings in Invesco Municipal Trust were worth $653,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in VKQ. Community Bank N.A. raised its holdings in shares of Invesco Municipal Trust by 100.0% in the 3rd quarter. Community Bank N.A. now owns 4,000 shares of the investment management company’s stock worth $41,000 after buying an additional 2,000 shares in the last quarter. Private Advisor Group LLC acquired a new position in Invesco Municipal Trust during the third quarter worth $108,000. Ackerman Capital Advisors LLC bought a new position in shares of Invesco Municipal Trust during the third quarter valued at $137,000. Sanctuary Advisors LLC acquired a new stake in shares of Invesco Municipal Trust in the 2nd quarter valued at $142,000. Finally, Avior Wealth Management LLC grew its holdings in shares of Invesco Municipal Trust by 19.2% in the 3rd quarter. Avior Wealth Management LLC now owns 19,647 shares of the investment management company’s stock worth $202,000 after purchasing an additional 3,158 shares during the last quarter. 32.00% of the stock is owned by institutional investors and hedge funds.

Invesco Municipal Trust Price Performance

Shares of VKQ stock opened at $9.83 on Friday. Invesco Municipal Trust has a 12-month low of $9.15 and a 12-month high of $10.47. The firm has a 50-day moving average price of $9.90 and a 200 day moving average price of $10.03.

Invesco Municipal Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued a $0.0628 dividend. This represents a $0.75 annualized dividend and a dividend yield of 7.67%. The ex-dividend date is Friday, January 17th.

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.