BlueCrest Capital Management Ltd purchased a new position in Van Kampen Income Trust (NYSE:VKQ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 46,300 shares of the investment management company’s stock, valued at approximately $579,000. BlueCrest Capital Management Ltd owned about 0.08% of Van Kampen Income Trust as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of VKQ. Landscape Capital Management L.L.C. bought a new stake in shares of Van Kampen Income Trust during the fourth quarter worth $247,000. Doliver Capital Advisors LP increased its stake in shares of Van Kampen Income Trust by 32.6% during the fourth quarter. Doliver Capital Advisors LP now owns 26,792 shares of the investment management company’s stock valued at $335,000 after buying an additional 6,592 shares during the period. Ford Financial Group Inc. purchased a new position in shares of Van Kampen Income Trust during the fourth quarter valued at $102,000. Bank of New York Mellon Corp purchased a new position in shares of Van Kampen Income Trust during the fourth quarter valued at $187,000. Finally, Keybank National Association OH purchased a new position in shares of Van Kampen Income Trust during the fourth quarter valued at $230,000. Institutional investors own 9.71% of the company’s stock.
Shares of Van Kampen Income Trust stock traded down $0.05 during trading on Friday, hitting $11.71. 241,234 shares of the stock traded hands, compared to its average volume of 122,232. Van Kampen Income Trust has a 52-week low of $11.51 and a 52-week high of $13.04.
The company also recently declared a monthly dividend, which will be paid on Monday, April 30th. Stockholders of record on Tuesday, April 17th will be paid a dividend of $0.0563 per share. The ex-dividend date is Monday, April 16th. This represents a $0.68 annualized dividend and a dividend yield of 5.77%.
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Van Kampen Income Trust Profile
Invesco Municipal Trust (the Trust) is a diversified, closed-end management investment company. 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. The Trust invests approximately 80% of its assets in municipal securities rated investment grade at the time of investment.
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