Invesco Municipal Opportunity Trust (NYSE:VMO) Shares Sold by TCG Advisory Services LLC

TCG Advisory Services LLC trimmed its holdings in Invesco Municipal Opportunity Trust (NYSE:VMO) by 2.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,509 shares of the investment management company’s stock after selling 3,817 shares during the quarter. TCG Advisory Services LLC owned about 0.20% of Invesco Municipal Opportunity Trust worth $1,293,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VMO. Wolverine Asset Management LLC lifted its position in Invesco Municipal Opportunity Trust by 13,407.7% during the third quarter. Wolverine Asset Management LLC now owns 14,048 shares of the investment management company’s stock worth $116,000 after buying an additional 13,944 shares in the last quarter. Kestra Private Wealth Services LLC purchased a new stake in shares of Invesco Municipal Opportunity Trust in the third quarter valued at about $139,000. Ackerman Capital Advisors LLC acquired a new stake in Invesco Municipal Opportunity Trust during the third quarter worth about $160,000. Simon Quick Advisors LLC purchased a new position in Invesco Municipal Opportunity Trust during the third quarter worth about $175,000. Finally, Kingswood Wealth Advisors LLC purchased a new stake in shares of Invesco Municipal Opportunity Trust in the 4th quarter valued at approximately $207,000. 42.57% of the stock is currently owned by institutional investors and hedge funds.

Invesco Municipal Opportunity Trust Trading Up 0.7 %

VMO traded up $0.07 during trading hours on Friday, reaching $9.42. The company’s stock had a trading volume of 944,283 shares, compared to its average volume of 121,401. Invesco Municipal Opportunity Trust has a fifty-two week low of $7.86 and a fifty-two week high of $9.80. The business’s 50-day moving average is $9.53 and its 200-day moving average is $9.29.

Invesco Municipal Opportunity Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 16th will be issued a dividend of $0.0385 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date of this dividend is Wednesday, May 15th.

About Invesco Municipal Opportunity Trust

Invesco Municipal Opportunity 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 Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.