Stratos Wealth Advisors LLC Purchases 2,644 Shares of INV VK MUN OPP (NYSE:VMO)

Stratos Wealth Advisors LLC lifted its position in INV VK MUN OPP (NYSE:VMO) by 3.0% in the 1st quarter, Holdings Channel reports. The fund owned 89,695 shares of the investment management company’s stock after acquiring an additional 2,644 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in INV VK MUN OPP were worth $851,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Guggenheim Capital LLC grew its stake in INV VK MUN OPP by 48.2% in the fourth quarter. Guggenheim Capital LLC now owns 945,263 shares of the investment management company’s stock worth $9,188,000 after purchasing an additional 307,338 shares during the period. Raymond James Financial Inc. bought a new stake in shares of INV VK MUN OPP during the 4th quarter valued at $7,598,000. LPL Financial LLC grew its position in shares of INV VK MUN OPP by 214.7% in the 4th quarter. LPL Financial LLC now owns 452,242 shares of the investment management company’s stock worth $4,396,000 after buying an additional 308,518 shares during the period. Ameriprise Financial Inc. grew its position in shares of INV VK MUN OPP by 160.3% in the 4th quarter. Ameriprise Financial Inc. now owns 299,320 shares of the investment management company’s stock worth $2,909,000 after buying an additional 184,317 shares during the period. Finally, Rareview Capital LLC lifted its position in INV VK MUN OPP by 79.9% during the 4th quarter. Rareview Capital LLC now owns 288,132 shares of the investment management company’s stock valued at $2,959,000 after acquiring an additional 127,963 shares during the period. Institutional investors own 42.57% of the company’s stock.

INV VK MUN OPP Price Performance

NYSE:VMO opened at $9.21 on Thursday. INV VK MUN OPP has a one year low of $8.81 and a one year high of $10.39. The company’s 50-day simple moving average is $9.19 and its 200 day simple moving average is $9.45.

INV VK MUN OPP Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Wednesday, July 16th will be given a $0.0625 dividend. 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 8.14%.

INV VK MUN OPP 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.