JFS Wealth Advisors LLC Purchases 135,842 Shares of Invesco Municipal Trust (NYSE:VKQ)

JFS Wealth Advisors LLC raised its holdings in shares of Invesco Municipal Trust (NYSE:VKQ) by 1,624.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 144,206 shares of the investment management company’s stock after acquiring an additional 135,842 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Invesco Municipal Trust were worth $1,480,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in VKQ. Blue Bell Private Wealth Management LLC bought a new stake in shares of Invesco Municipal Trust during the second quarter valued at approximately $68,000. Private Advisor Group LLC purchased a new stake in shares of Invesco Municipal Trust in the third quarter worth about $108,000. B. Riley Wealth Advisors Inc. bought a new position in Invesco Municipal Trust during the first quarter valued at approximately $122,000. Atlanta Consulting Group Advisors LLC bought a new stake in Invesco Municipal Trust in the 1st quarter worth approximately $136,000. Finally, Ackerman Capital Advisors LLC purchased a new stake in shares of Invesco Municipal Trust during the 3rd quarter worth approximately $137,000. Institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Trading Up 0.8 %

NYSE VKQ opened at $10.02 on Thursday. The stock has a 50 day moving average price of $10.17 and a 200-day moving average price of $9.94. Invesco Municipal Trust has a one year low of $8.08 and a one year high of $10.47.

Invesco Municipal Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th will be paid a $0.0628 dividend. The ex-dividend date is Wednesday, October 16th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.52%.

Invesco Municipal Trust 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.