15,794 Shares in Invesco Municipal Trust (NYSE:VKQ) Bought by Concorde Asset Management LLC

Concorde Asset Management LLC acquired a new stake in Invesco Municipal Trust (NYSE:VKQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,794 shares of the investment management company’s stock, valued at approximately $155,000.

A number of other large investors also recently bought and sold shares of VKQ. Seamount Financial Group Inc. lifted its stake in Invesco Municipal Trust by 1.6% in the 4th quarter. Seamount Financial Group Inc. now owns 81,858 shares of the investment management company’s stock valued at $803,000 after buying an additional 1,287 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Invesco Municipal Trust by 3.7% in the fourth quarter. Bank of Montreal Can now owns 40,107 shares of the investment management company’s stock valued at $393,000 after acquiring an additional 1,436 shares in the last quarter. Wealth Alliance Advisory Group LLC boosted its stake in shares of Invesco Municipal Trust by 10.2% in the fourth quarter. Wealth Alliance Advisory Group LLC now owns 66,516 shares of the investment management company’s stock worth $653,000 after acquiring an additional 6,134 shares during the last quarter. Rareview Capital LLC increased its position in shares of Invesco Municipal Trust by 3.1% during the fourth quarter. Rareview Capital LLC now owns 261,583 shares of the investment management company’s stock worth $2,684,000 after purchasing an additional 7,780 shares in the last quarter. Finally, Madison Park Capital Advisors LLC raised its stake in Invesco Municipal Trust by 32.0% in the 4th quarter. Madison Park Capital Advisors LLC now owns 41,386 shares of the investment management company’s stock valued at $406,000 after purchasing an additional 10,026 shares during the last quarter. Institutional investors and hedge funds own 32.00% of the company’s stock.

Invesco Municipal Trust Stock Up 0.2 %

Shares of VKQ opened at $9.10 on Friday. The firm’s fifty day moving average is $9.75 and its two-hundred day moving average is $9.89. Invesco Municipal Trust has a 52-week low of $8.86 and a 52-week high of $10.47.

Invesco Municipal Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be paid a dividend of $0.0628 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $0.75 annualized dividend and a yield of 8.29%.

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.