Moors & Cabot Inc. Buys Shares of 10,779 Invesco Municipal Trust (NYSE:VKQ)

Moors & Cabot Inc. bought a new stake in shares of Invesco Municipal Trust (NYSE:VKQ) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 10,779 shares of the investment management company’s stock, valued at approximately $102,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Invesco Municipal Trust by 5.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 34,686 shares of the investment management company’s stock valued at $344,000 after buying an additional 1,750 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in Invesco Municipal Trust by 21.5% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 15,250 shares of the investment management company’s stock worth $151,000 after purchasing an additional 2,700 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in Invesco Municipal Trust in the 2nd quarter worth approximately $31,000. Commonwealth Equity Services LLC lifted its holdings in Invesco Municipal Trust by 4.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 94,707 shares of the investment management company’s stock worth $939,000 after purchasing an additional 3,911 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Invesco Municipal Trust by 5.1% in the 1st quarter. Ameriprise Financial Inc. now owns 80,520 shares of the investment management company’s stock worth $799,000 after purchasing an additional 3,933 shares during the last quarter. Hedge funds and other institutional investors own 26.69% of the company’s stock.

Invesco Municipal Trust Stock Performance

VKQ opened at $9.05 on Tuesday. The business has a 50 day moving average price of $8.50 and a 200 day moving average price of $9.05. Invesco Municipal Trust has a twelve month low of $7.94 and a twelve month high of $10.35.

Invesco Municipal Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be issued a dividend of $0.0346 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.59%.

About Invesco Municipal Trust

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.