Timothy M. O’reilly Buys 5,400 Shares of Invesco Municipal Trust (NYSE:VKQ) Stock

Invesco Municipal Trust (NYSE:VKQGet Free Report) Portfolio Manager Timothy M. O’reilly acquired 5,400 shares of Invesco Municipal Trust stock in a transaction that occurred on Tuesday, June 3rd. The shares were purchased at an average price of $9.19 per share, with a total value of $49,626.00. Following the purchase, the portfolio manager now owns 5,400 shares in the company, valued at $49,626. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Invesco Municipal Trust Trading Down 0.7%

NYSE VKQ opened at $9.14 on Friday. The company has a 50 day moving average price of $9.28 and a 200 day moving average price of $9.66. Invesco Municipal Trust has a 52 week low of $8.86 and a 52 week high of $10.47.

Invesco Municipal Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 17th will be paid a dividend of $0.0628 per share. The ex-dividend date is Tuesday, June 17th. This represents a $0.75 annualized dividend and a dividend yield of 8.25%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. US Bancorp DE bought a new position in shares of Invesco Municipal Trust during the 1st quarter worth approximately $26,000. Elequin Capital LP acquired a new position in Invesco Municipal Trust during the 1st quarter valued at approximately $65,000. AlphaCore Capital LLC acquired a new position in Invesco Municipal Trust during the 1st quarter valued at approximately $101,000. NCM Capital Management LLC acquired a new position in Invesco Municipal Trust during the 1st quarter valued at approximately $111,000. Finally, Atlanta Consulting Group Advisors LLC acquired a new position in Invesco Municipal Trust during the 4th quarter valued at approximately $118,000. Institutional investors own 32.00% of the company’s stock.

About Invesco Municipal Trust

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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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