Atlanta Consulting Group Advisors LLC Buys New Holdings in Invesco Municipal Trust (NYSE:VKQ)

Atlanta Consulting Group Advisors LLC bought a new stake in Invesco Municipal Trust (NYSE:VKQ) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 12,000 shares of the investment management company’s stock, valued at approximately $118,000.

A number of other large investors have also recently bought and sold shares of the company. Rareview Capital LLC lifted its holdings in Invesco Municipal Trust by 3.1% in the fourth quarter. Rareview Capital LLC now owns 261,583 shares of the investment management company’s stock valued at $2,684,000 after acquiring an additional 7,780 shares during the period. Independent Advisor Alliance acquired a new position in Invesco Municipal Trust in the fourth quarter valued at approximately $762,000. Permanent Capital Management LP acquired a new position in Invesco Municipal Trust in the fourth quarter valued at approximately $155,000. PNC Financial Services Group Inc. lifted its holdings in Invesco Municipal Trust by 467.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 42,526 shares of the investment management company’s stock valued at $417,000 after acquiring an additional 35,032 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in Invesco Municipal Trust in the fourth quarter valued at approximately $1,045,000. Hedge funds and other institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Price Performance

Shares of NYSE:VKQ opened at $9.82 on Monday. Invesco Municipal Trust has a 12-month low of $9.15 and a 12-month high of $10.47. The business has a 50 day moving average of $9.88 and a two-hundred day moving average of $10.00.

Invesco Municipal Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a $0.0628 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 7.68%. The ex-dividend date of this dividend is Monday, March 17th.

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.