Madison Park Capital Advisors LLC Invests $155,000 in Invesco Municipal Trust (NYSE:VKQ)

Madison Park Capital Advisors LLC acquired a new position in Invesco Municipal Trust (NYSE:VKQ) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 16,300 shares of the investment management company’s stock, valued at approximately $155,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Oppenheimer & Co. Inc. purchased a new stake in Invesco Municipal Trust during the 3rd quarter worth approximately $86,000. Relyea Zuckerberg Hanson LLC purchased a new stake in Invesco Municipal Trust during the 4th quarter worth approximately $139,000. Wolverine Asset Management LLC grew its position in Invesco Municipal Trust by 441.6% during the 3rd quarter. Wolverine Asset Management LLC now owns 17,602 shares of the investment management company’s stock worth $147,000 after purchasing an additional 14,352 shares during the last quarter. Simon Quick Advisors LLC purchased a new stake in Invesco Municipal Trust during the 4th quarter worth approximately $217,000. Finally, Landscape Capital Management L.L.C. grew its position in Invesco Municipal Trust by 44.9% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 34,339 shares of the investment management company’s stock worth $286,000 after purchasing an additional 10,642 shares during the last quarter. Hedge funds and other institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Stock Up 0.8 %

NYSE:VKQ traded up $0.07 during trading hours on Tuesday, hitting $9.31. 146,605 shares of the company were exchanged, compared to its average volume of 149,389. Invesco Municipal Trust has a 52-week low of $7.94 and a 52-week high of $9.76. The company’s 50 day moving average price is $9.50 and its 200-day moving average price is $9.23.

Invesco Municipal Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 16th will be given a dividend of $0.0391 per share. This represents a $0.47 annualized dividend and a yield of 5.04%. The ex-dividend date of this dividend is Monday, April 15th.

Invesco Municipal Trust 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.