Parametric Portfolio Associates LLC lifted its position in shares of Invesco Municipal Trust (NYSE:VKQ) by 60.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 872,112 shares of the investment management company’s stock after acquiring an additional 327,246 shares during the period. Parametric Portfolio Associates LLC’s holdings in Invesco Municipal Trust were worth $10,509,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently bought and sold shares of the stock. Karpus Management Inc. lifted its holdings in Invesco Municipal Trust by 2,343.3% in the fourth quarter. Karpus Management Inc. now owns 732,999 shares of the investment management company’s stock worth $8,166,000 after purchasing an additional 702,999 shares during the period. Morgan Stanley lifted its holdings in Invesco Municipal Trust by 7.6% in the third quarter. Morgan Stanley now owns 395,542 shares of the investment management company’s stock worth $4,564,000 after purchasing an additional 28,069 shares during the period. Van ECK Associates Corp lifted its holdings in Invesco Municipal Trust by 13.3% in the fourth quarter. Van ECK Associates Corp now owns 217,791 shares of the investment management company’s stock worth $2,426,000 after purchasing an additional 25,560 shares during the period. JFS Wealth Advisors LLC lifted its holdings in Invesco Municipal Trust by 1.4% in the first quarter. JFS Wealth Advisors LLC now owns 208,894 shares of the investment management company’s stock worth $2,517,000 after purchasing an additional 2,801 shares during the period. Finally, Cohen & Steers Inc. lifted its holdings in Invesco Municipal Trust by 45.9% in the fourth quarter. Cohen & Steers Inc. now owns 190,303 shares of the investment management company’s stock worth $2,120,000 after purchasing an additional 59,878 shares during the period. 14.92% of the stock is owned by institutional investors and hedge funds.
Shares of NYSE VKQ opened at $12.24 on Friday. Invesco Municipal Trust has a twelve month low of $10.87 and a twelve month high of $12.38.
The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.0517 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date is Thursday, June 13th.
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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.
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