Wetherby Asset Management Inc. lowered its stake in Invesco Municipal Opportunity Trust (NYSE:VMO) by 24.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,093 shares of the investment management company’s stock after selling 4,218 shares during the period. Wetherby Asset Management Inc.’s holdings in Invesco Municipal Opportunity Trust were worth $171,000 as of its most recent filing with the SEC.
Separately, JFS Wealth Advisors LLC raised its position in Invesco Municipal Opportunity Trust by 2.1% in the second quarter. JFS Wealth Advisors LLC now owns 145,065 shares of the investment management company’s stock valued at $1,899,000 after buying an additional 2,989 shares during the last quarter. 7.71% of the stock is owned by hedge funds and other institutional investors.
Invesco Municipal Opportunity Trust (NYSE VMO) opened at 13.22 on Friday. The company’s 50-day moving average price is $13.18 and its 200 day moving average price is $13.10. Invesco Municipal Opportunity Trust has a 52-week low of $12.27 and a 52-week high of $14.88.
The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Friday, August 11th will be given a dividend of $0.0599 per share. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $0.72 dividend on an annualized basis and a yield of 5.44%.
Invesco Municipal Opportunity Trust Company Profile
Invesco Van Kampen Municipal Opportunity Trust (the Trust), formerly Invesco Municipal Opportunity Trust is a diversified, closed-end management investment trust. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital.
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