Inv Vk Mun Tr $VKQ Shares Acquired by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its stake in Inv Vk Mun Tr (NYSE:VKQ) by 73.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 26,000 shares of the investment management company’s stock after acquiring an additional 11,000 shares during the period. Prospera Financial Services Inc’s holdings in Inv Vk Mun Tr were worth $238,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. US Bancorp DE acquired a new position in Inv Vk Mun Tr in the first quarter valued at $26,000. Trust Co. of Toledo NA OH purchased a new stake in shares of Inv Vk Mun Tr in the 2nd quarter valued at about $38,000. Elequin Capital LP acquired a new stake in shares of Inv Vk Mun Tr in the 1st quarter valued at about $65,000. Wolverine Asset Management LLC purchased a new position in Inv Vk Mun Tr during the 2nd quarter worth approximately $80,000. Finally, AlphaCore Capital LLC acquired a new position in Inv Vk Mun Tr during the first quarter worth approximately $101,000. 32.00% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Inv Vk Mun Tr

In other Inv Vk Mun Tr news, Portfolio Manager Timothy M. O’reilly acquired 5,200 shares of the stock in a transaction on Wednesday, November 5th. The shares were bought at an average cost of $9.62 per share, with a total value of $50,024.00. Following the transaction, the portfolio manager owned 10,747 shares of the company’s stock, valued at approximately $103,386.14. This trade represents a 93.74% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 5.37% of the company’s stock.

Inv Vk Mun Tr Trading Down 0.2%

Shares of NYSE VKQ opened at $9.71 on Monday. Inv Vk Mun Tr has a twelve month low of $8.86 and a twelve month high of $10.33. The stock has a 50 day moving average of $9.64 and a two-hundred day moving average of $9.34.

Inv Vk Mun Tr Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Monday, November 17th will be paid a dividend of $0.0628 per share. The ex-dividend date is Monday, November 17th. This represents a c) dividend on an annualized basis and a yield of 7.8%.

Inv Vk Mun Tr 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.