HighTower Advisors LLC Has $96,000 Stock Holdings in Inv Vk Mun Tr $VKQ

HighTower Advisors LLC decreased its holdings in shares of Inv Vk Mun Tr (NYSE:VKQ) by 33.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,000 shares of the investment management company’s stock after selling 5,000 shares during the quarter. HighTower Advisors LLC’s holdings in Inv Vk Mun Tr were worth $96,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Pathstone Holdings LLC lifted its holdings in shares of Inv Vk Mun Tr by 19.4% during the fourth quarter. Pathstone Holdings LLC now owns 823,912 shares of the investment management company’s stock worth $8,091,000 after buying an additional 133,792 shares during the last quarter. LPL Financial LLC grew its stake in shares of Inv Vk Mun Tr by 23.6% in the first quarter. LPL Financial LLC now owns 542,278 shares of the investment management company’s stock worth $5,233,000 after acquiring an additional 103,374 shares during the last quarter. Invesco Ltd. increased its position in Inv Vk Mun Tr by 42.8% during the first quarter. Invesco Ltd. now owns 147,047 shares of the investment management company’s stock worth $1,419,000 after acquiring an additional 44,055 shares during the period. Nuveen LLC acquired a new position in Inv Vk Mun Tr during the 1st quarter valued at $315,000. Finally, PNC Financial Services Group Inc. boosted its holdings in Inv Vk Mun Tr by 64.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 69,790 shares of the investment management company’s stock valued at $673,000 after purchasing an additional 27,264 shares during the period. 32.00% of the stock is owned by institutional investors.

Inv Vk Mun Tr Stock Performance

NYSE VKQ opened at $9.22 on Friday. The company’s fifty day moving average is $9.12 and its two-hundred day moving average is $9.32. Inv Vk Mun Tr has a 52-week low of $8.86 and a 52-week high of $10.47.

Inv Vk Mun Tr Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Tuesday, September 16th will be given a dividend of $0.0628 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a c) dividend on an annualized basis and a yield of 8.2%.

Inv Vk Mun Tr Company 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.