Invesco Municipal Trust (NYSE:VKQ) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. reduced its holdings in Invesco Municipal Trust (NYSE:VKQ) by 22.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,185 shares of the investment management company’s stock after selling 4,099 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco Municipal Trust were worth $135,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Capital Investment Advisors LLC increased its position in Invesco Municipal Trust by 5.0% in the 4th quarter. Capital Investment Advisors LLC now owns 159,001 shares of the investment management company’s stock valued at $1,515,000 after acquiring an additional 7,595 shares during the period. Oppenheimer & Co. Inc. acquired a new position in shares of Invesco Municipal Trust during the 3rd quarter valued at $86,000. Landscape Capital Management L.L.C. increased its position in shares of Invesco Municipal Trust by 44.9% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 34,339 shares of the investment management company’s stock valued at $286,000 after purchasing an additional 10,642 shares during the period. Wolverine Asset Management LLC increased its position in shares of Invesco Municipal Trust by 441.6% during the 3rd quarter. Wolverine Asset Management LLC now owns 17,602 shares of the investment management company’s stock valued at $147,000 after purchasing an additional 14,352 shares during the period. Finally, Commonwealth Equity Services LLC increased its position in shares of Invesco Municipal Trust by 33.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 93,806 shares of the investment management company’s stock valued at $782,000 after purchasing an additional 23,271 shares during the period. 32.00% of the stock is currently owned by institutional investors and hedge funds.

Invesco Municipal Trust Trading Down 1.2 %

Shares of VKQ stock opened at $9.20 on Friday. Invesco Municipal Trust has a 1 year low of $7.94 and a 1 year high of $9.76. The business’s fifty day moving average is $9.49 and its 200-day moving average is $9.23.

Invesco Municipal Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be given a dividend of $0.0391 per share. This represents a $0.47 annualized dividend and a dividend yield of 5.10%. The ex-dividend date is Monday, April 15th.

About Invesco Municipal Trust

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.