10,211 Shares in INV VK MUN OPP (NYSE:VMO) Bought by Ackerman Capital Advisors LLC

Ackerman Capital Advisors LLC bought a new position in INV VK MUN OPP (NYSE:VMO) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 10,211 shares of the investment management company’s stock, valued at approximately $97,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Wakefield Asset Management LLLP boosted its holdings in shares of INV VK MUN OPP by 0.7% during the 1st quarter. Wakefield Asset Management LLLP now owns 187,884 shares of the investment management company’s stock valued at $1,783,000 after purchasing an additional 1,309 shares during the last quarter. Garner Asset Management Corp boosted its holdings in shares of INV VK MUN OPP by 1.3% during the 4th quarter. Garner Asset Management Corp now owns 117,254 shares of the investment management company’s stock valued at $1,140,000 after purchasing an additional 1,507 shares during the last quarter. Bank of Montreal Can boosted its holdings in shares of INV VK MUN OPP by 4.1% during the 4th quarter. Bank of Montreal Can now owns 39,745 shares of the investment management company’s stock valued at $386,000 after purchasing an additional 1,578 shares during the last quarter. Riverbridge Partners LLC boosted its holdings in shares of INV VK MUN OPP by 7.3% during the 1st quarter. Riverbridge Partners LLC now owns 24,966 shares of the investment management company’s stock valued at $237,000 after purchasing an additional 1,688 shares during the last quarter. Finally, US Bancorp DE boosted its holdings in shares of INV VK MUN OPP by 413.3% during the 1st quarter. US Bancorp DE now owns 2,700 shares of the investment management company’s stock valued at $26,000 after purchasing an additional 2,174 shares during the last quarter. Institutional investors own 42.57% of the company’s stock.

INV VK MUN OPP Price Performance

VMO opened at $9.16 on Monday. The firm has a 50-day simple moving average of $9.10 and a two-hundred day simple moving average of $9.37. INV VK MUN OPP has a 52 week low of $8.81 and a 52 week high of $10.39.

INV VK MUN OPP Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, July 31st. Stockholders of record on Wednesday, July 16th were given a dividend of $0.0625 per share. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date was Wednesday, July 16th.

About INV VK MUN OPP

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.