HUB Investment Partners LLC Boosts Position in Invesco Municipal Opportunity Trust (NYSE:VMO)

HUB Investment Partners LLC grew its holdings in Invesco Municipal Opportunity Trust (NYSE:VMO) by 8.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 90,170 shares of the investment management company’s stock after acquiring an additional 6,939 shares during the period. HUB Investment Partners LLC’s holdings in Invesco Municipal Opportunity Trust were worth $876,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VMO. Venturi Wealth Management LLC boosted its holdings in Invesco Municipal Opportunity Trust by 885.4% in the fourth quarter. Venturi Wealth Management LLC now owns 6,366 shares of the investment management company’s stock valued at $62,000 after purchasing an additional 5,720 shares during the last quarter. Avior Wealth Management LLC lifted its holdings in shares of Invesco Municipal Opportunity Trust by 668.4% in the 4th quarter. Avior Wealth Management LLC now owns 8,491 shares of the investment management company’s stock valued at $83,000 after buying an additional 7,386 shares during the period. Encompass More Asset Management purchased a new stake in shares of Invesco Municipal Opportunity Trust in the third quarter worth about $133,000. Permanent Capital Management LP acquired a new stake in Invesco Municipal Opportunity Trust during the fourth quarter worth about $152,000. Finally, Walleye Capital LLC purchased a new position in Invesco Municipal Opportunity Trust during the third quarter valued at approximately $164,000. Institutional investors and hedge funds own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Stock Performance

Invesco Municipal Opportunity Trust stock opened at $9.51 on Friday. Invesco Municipal Opportunity Trust has a 12 month low of $9.22 and a 12 month high of $10.39. The stock’s 50 day simple moving average is $9.73 and its two-hundred day simple moving average is $9.90.

Invesco Municipal Opportunity Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a dividend of $0.0625 per share. This represents a $0.75 dividend on an annualized basis and a yield of 7.89%. The ex-dividend date of this dividend is Monday, March 17th.

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.