20,000 Shares in Invesco Municipal Opportunity Trust (NYSE:VMO) Purchased by Live Oak Private Wealth LLC

Live Oak Private Wealth LLC acquired a new stake in shares of Invesco Municipal Opportunity Trust (NYSE:VMO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,000 shares of the investment management company’s stock, valued at approximately $194,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VMO. Kercheville Advisors LLC raised its position in shares of Invesco Municipal Opportunity Trust by 15.3% in the third quarter. Kercheville Advisors LLC now owns 15,067 shares of the investment management company’s stock valued at $155,000 after purchasing an additional 2,000 shares during the period. Concurrent Investment Advisors LLC raised its holdings in Invesco Municipal Opportunity Trust by 21.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 26,451 shares of the investment management company’s stock valued at $272,000 after acquiring an additional 4,646 shares during the period. Stratos Wealth Advisors LLC lifted its position in shares of Invesco Municipal Opportunity Trust by 7.9% during the third quarter. Stratos Wealth Advisors LLC now owns 94,131 shares of the investment management company’s stock worth $967,000 after acquiring an additional 6,866 shares in the last quarter. Avior Wealth Management LLC boosted its holdings in shares of Invesco Municipal Opportunity Trust by 668.4% in the fourth quarter. Avior Wealth Management LLC now owns 8,491 shares of the investment management company’s stock worth $83,000 after acquiring an additional 7,386 shares during the period. Finally, Encompass More Asset Management purchased a new position in shares of Invesco Municipal Opportunity Trust in the third quarter valued at $133,000. Institutional investors own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Stock Down 0.1 %

VMO stock opened at $9.87 on Friday. The stock has a 50-day simple moving average of $9.77 and a two-hundred day simple moving average of $9.97. Invesco Municipal Opportunity Trust has a twelve month low of $9.22 and a twelve month high of $10.39.

Invesco Municipal Opportunity Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a $0.0625 dividend. This represents a $0.75 annualized dividend and a yield of 7.60%. The ex-dividend date of this dividend is Tuesday, February 18th.

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.