Ibex Wealth Advisors Takes Position in Invesco Municipal Trust (NYSE:VKQ)

Ibex Wealth Advisors bought a new stake in Invesco Municipal Trust (NYSE:VKQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 89,129 shares of the investment management company’s stock, valued at approximately $874,000.

A number of other large investors also recently modified their holdings of VKQ. Rockefeller Capital Management L.P. increased its position in Invesco Municipal Trust by 2.3% in the third quarter. Rockefeller Capital Management L.P. now owns 87,568 shares of the investment management company’s stock worth $898,000 after buying an additional 1,965 shares during the last quarter. Community Bank N.A. grew its position in shares of Invesco Municipal Trust by 100.0% in the third quarter. Community Bank N.A. now owns 4,000 shares of the investment management company’s stock valued at $41,000 after purchasing an additional 2,000 shares in the last quarter. Avior Wealth Management LLC grew its position in shares of Invesco Municipal Trust by 19.2% in the third quarter. Avior Wealth Management LLC now owns 19,647 shares of the investment management company’s stock valued at $202,000 after purchasing an additional 3,158 shares in the last quarter. Wealth Alliance Advisory Group LLC grew its position in shares of Invesco Municipal Trust by 5.7% in the third quarter. Wealth Alliance Advisory Group LLC now owns 60,382 shares of the investment management company’s stock valued at $620,000 after purchasing an additional 3,273 shares in the last quarter. Finally, Capital Investment Advisors LLC grew its position in shares of Invesco Municipal Trust by 2.1% in the third quarter. Capital Investment Advisors LLC now owns 174,514 shares of the investment management company’s stock valued at $1,791,000 after purchasing an additional 3,672 shares in the last quarter. Institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Price Performance

Shares of NYSE VKQ traded down $0.03 during mid-day trading on Wednesday, hitting $9.76. The company had a trading volume of 34,415 shares, compared to its average volume of 108,620. Invesco Municipal Trust has a 1 year low of $9.15 and a 1 year high of $10.47. The stock’s 50-day moving average price is $9.87 and its 200-day moving average price is $10.02.

Invesco Municipal Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be paid a dividend of $0.0628 per share. This represents a $0.75 annualized dividend and a yield of 7.73%. The ex-dividend date is Friday, January 17th.

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.