Aristides Capital LLC Takes $212,000 Position in Invesco Municipal Opportunity Trust (NYSE:VMO)

Aristides Capital LLC bought a new position in shares of Invesco Municipal Opportunity Trust (NYSE:VMO) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 21,780 shares of the investment management company’s stock, valued at approximately $212,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Venturi Wealth Management LLC grew its stake in Invesco Municipal Opportunity Trust by 885.4% during the fourth quarter. Venturi Wealth Management LLC now owns 6,366 shares of the investment management company’s stock worth $62,000 after buying an additional 5,720 shares during the last quarter. Avior Wealth Management LLC boosted 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 worth $83,000 after acquiring an additional 7,386 shares in the last quarter. Permanent Capital Management LP bought a new stake in Invesco Municipal Opportunity Trust during the 4th quarter worth approximately $152,000. Walleye Capital LLC acquired a new stake in Invesco Municipal Opportunity Trust during the 3rd quarter valued at $164,000. Finally, Live Oak Private Wealth LLC bought a new position in Invesco Municipal Opportunity Trust in the 4th quarter valued at $194,000. 42.57% of the stock is owned by institutional investors.

Invesco Municipal Opportunity Trust Stock Performance

Shares of VMO stock opened at $9.45 on Monday. Invesco Municipal Opportunity Trust has a 52 week low of $9.22 and a 52 week high of $10.39. The stock’s fifty day moving average is $9.70 and its 200-day moving average is $9.84.

Invesco Municipal Opportunity Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $0.75 annualized dividend and a yield of 7.94%.

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.