Venturi Wealth Management LLC Grows Position in Invesco Municipal Opportunity Trust (NYSE:VMO)

Venturi Wealth Management LLC boosted its stake in Invesco Municipal Opportunity Trust (NYSE:VMO) by 885.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,366 shares of the investment management company’s stock after acquiring an additional 5,720 shares during the quarter. Venturi Wealth Management LLC’s holdings in Invesco Municipal Opportunity Trust were worth $62,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Van ECK Associates Corp grew its holdings in Invesco Municipal Opportunity Trust by 4.4% in the fourth quarter. Van ECK Associates Corp now owns 507,362 shares of the investment management company’s stock valued at $4,932,000 after purchasing an additional 21,173 shares during the period. Live Oak Private Wealth LLC purchased a new stake in Invesco Municipal Opportunity Trust during the fourth quarter worth approximately $194,000. Absolute Investment Advisers LLC purchased a new stake in Invesco Municipal Opportunity Trust during the fourth quarter worth approximately $618,000. Avior Wealth Management LLC grew its stake in Invesco Municipal Opportunity Trust by 668.4% during the fourth quarter. Avior Wealth Management LLC now owns 8,491 shares of the investment management company’s stock worth $83,000 after buying an additional 7,386 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in Invesco Municipal Opportunity Trust by 59.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 38,618 shares of the investment management company’s stock worth $375,000 after buying an additional 14,397 shares during the period. 42.57% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Municipal Opportunity Trust Trading Down 0.5 %

VMO opened at $9.79 on Tuesday. Invesco Municipal Opportunity Trust has a 52-week low of $9.22 and a 52-week high of $10.39. The company has a 50 day moving average of $9.71 and a two-hundred day moving average of $9.94.

Invesco Municipal Opportunity Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.0625 per share. The ex-dividend date is Tuesday, February 18th. This represents a $0.75 annualized dividend and a yield of 7.66%.

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.