Fiera Capital Corp cut its stake in Inv Vk Mun Tr (NYSE:VKQ – Free Report) by 6.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 534,790 shares of the investment management company’s stock after selling 35,454 shares during the period. Fiera Capital Corp owned approximately 0.97% of Inv Vk Mun Tr worth $5,161,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Trust Advisors LP boosted its stake in Inv Vk Mun Tr by 11.3% in the 4th quarter. First Trust Advisors LP now owns 11,995 shares of the investment management company’s stock worth $118,000 after purchasing an additional 1,216 shares during the period. Sowell Financial Services LLC acquired a new position in Inv Vk Mun Tr in the 1st quarter worth $135,000. Private Advisor Group LLC acquired a new position in Inv Vk Mun Tr in the 1st quarter worth $140,000. Landscape Capital Management L.L.C. acquired a new position in shares of Inv Vk Mun Tr during the 4th quarter worth about $150,000. Finally, Concorde Asset Management LLC acquired a new position in shares of Inv Vk Mun Tr during the 4th quarter worth about $155,000. 32.00% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Inv Vk Mun Tr
In other Inv Vk Mun Tr news, Portfolio Manager Timothy M. O’reilly acquired 5,400 shares of Inv Vk Mun Tr stock in a transaction dated Tuesday, June 3rd. The stock was bought at an average cost of $9.19 per share, for a total transaction of $49,626.00. Following the purchase, the portfolio manager directly owned 5,400 shares in the company, valued at approximately $49,626. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 5.37% of the stock is currently owned by corporate insiders.
Inv Vk Mun Tr Stock Performance
Inv Vk Mun Tr Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Wednesday, July 16th will be paid a dividend of $0.0628 per share. The ex-dividend date of this dividend is Wednesday, July 16th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 8.37%.
About Inv Vk Mun Tr
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.
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