Community Bank N.A. Grows Stake in Invesco Municipal Trust (NYSE:VKQ)

Community Bank N.A. raised its position in shares of Invesco Municipal Trust (NYSE:VKQ) by 100.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,000 shares of the investment management company’s stock after purchasing an additional 2,000 shares during the period. Community Bank N.A.’s holdings in Invesco Municipal Trust were worth $41,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in VKQ. Blue Bell Private Wealth Management LLC bought a new stake in shares of Invesco Municipal Trust in the second quarter valued at about $68,000. Private Advisor Group LLC bought a new position in shares of Invesco Municipal Trust during the third quarter valued at approximately $108,000. B. Riley Wealth Advisors Inc. purchased a new position in Invesco Municipal Trust during the first quarter valued at approximately $122,000. Ackerman Capital Advisors LLC bought a new position in Invesco Municipal Trust in the third quarter worth approximately $137,000. Finally, Sanctuary Advisors LLC purchased a new stake in Invesco Municipal Trust during the second quarter worth $142,000. 32.00% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Municipal Trust Trading Down 0.3 %

Shares of NYSE:VKQ opened at $10.26 on Tuesday. Invesco Municipal Trust has a 12-month low of $9.15 and a 12-month high of $10.47. The business’s fifty day simple moving average is $10.10 and its 200-day simple moving average is $10.04.

Invesco Municipal Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a $0.0628 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.35%. The ex-dividend date was Friday, November 15th.

Invesco Municipal Trust 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.