Madison Park Capital Advisors LLC Buys 10,026 Shares of Invesco Municipal Trust (NYSE:VKQ)

Madison Park Capital Advisors LLC boosted its stake in Invesco Municipal Trust (NYSE:VKQ) by 32.0% in the fourth quarter, HoldingsChannel reports. The firm owned 41,386 shares of the investment management company’s stock after acquiring an additional 10,026 shares during the period. Madison Park Capital Advisors LLC’s holdings in Invesco Municipal Trust were worth $406,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in VKQ. Pathstone Holdings LLC grew its position in Invesco Municipal Trust by 37.2% in the 3rd quarter. Pathstone Holdings LLC now owns 690,120 shares of the investment management company’s stock worth $7,081,000 after purchasing an additional 187,221 shares during the period. JFS Wealth Advisors LLC grew its position in shares of Invesco Municipal Trust by 1,624.1% during the 3rd quarter. JFS Wealth Advisors LLC now owns 144,206 shares of the investment management company’s stock valued at $1,480,000 after acquiring an additional 135,842 shares during the period. Stratos Wealth Advisors LLC grew its position in shares of Invesco Municipal Trust by 88.1% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 207,716 shares of the investment management company’s stock valued at $2,131,000 after acquiring an additional 97,273 shares during the period. Dakota Wealth Management grew its position in shares of Invesco Municipal Trust by 54.7% during the 4th quarter. Dakota Wealth Management now owns 183,546 shares of the investment management company’s stock valued at $1,801,000 after acquiring an additional 64,885 shares during the period. Finally, HighTower Advisors LLC bought a new stake in shares of Invesco Municipal Trust during the 3rd quarter valued at $429,000. Institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Price Performance

Shares of VKQ stock opened at $9.88 on Wednesday. Invesco Municipal Trust has a 1 year low of $9.15 and a 1 year high of $10.47. The firm has a fifty day moving average price of $9.90 and a 200-day moving average price of $10.03.

Invesco Municipal Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be given a dividend of $0.0628 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.63%. The ex-dividend date is Friday, January 17th.

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.