Angeles Investment Advisors LLC Makes New Investment in Invesco Municipal Opportunity Trust (NYSE:VMO)

Angeles Investment Advisors LLC acquired a new stake in Invesco Municipal Opportunity Trust (NYSE:VMO) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 46,900 shares of the investment management company’s stock, valued at approximately $473,000.

A number of other institutional investors have also recently made changes to their positions in the business. Janney Montgomery Scott LLC lifted its holdings in Invesco Municipal Opportunity Trust by 2.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 53,256 shares of the investment management company’s stock worth $512,000 after buying an additional 1,282 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in Invesco Municipal Opportunity Trust by 30.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 75,578 shares of the investment management company’s stock valued at $726,000 after purchasing an additional 17,546 shares during the period. Catalytic Wealth RIA LLC acquired a new position in Invesco Municipal Opportunity Trust during the 4th quarter worth $503,000. Gridiron Partners LLC purchased a new stake in Invesco Municipal Opportunity Trust during the 4th quarter worth about $871,000. Finally, Wellspring Financial Advisors LLC raised its position in Invesco Municipal Opportunity Trust by 17.6% in the 4th quarter. Wellspring Financial Advisors LLC now owns 16,000 shares of the investment management company’s stock valued at $154,000 after purchasing an additional 2,400 shares in the last quarter. Institutional investors and hedge funds own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Price Performance

Shares of Invesco Municipal Opportunity Trust stock opened at $10.34 on Monday. The business has a 50-day simple moving average of $10.09 and a 200-day simple moving average of $9.82. Invesco Municipal Opportunity Trust has a one year low of $7.86 and a one year high of $10.39.

Invesco Municipal Opportunity Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 17th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, September 17th. This represents a $0.75 annualized dividend and a dividend yield of 7.25%.

Invesco Municipal Opportunity Trust Company Profile

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.