Live Oak Private Wealth LLC Invests $194,000 in Invesco Municipal Opportunity Trust (NYSE:VMO)

Live Oak Private Wealth LLC acquired a new stake in Invesco Municipal Opportunity Trust (NYSE:VMO) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 20,000 shares of the investment management company’s stock, valued at approximately $194,000.

Several other large investors have also added to or reduced their stakes in the business. Avior Wealth Management LLC lifted its stake in Invesco Municipal Opportunity Trust by 668.4% in the fourth quarter. Avior Wealth Management LLC now owns 8,491 shares of the investment management company’s stock valued at $83,000 after buying an additional 7,386 shares during the period. Encompass More Asset Management acquired a new position in shares of Invesco Municipal Opportunity Trust during the 3rd quarter valued at $133,000. Kercheville Advisors LLC lifted its position in shares of Invesco Municipal Opportunity Trust by 15.3% during the 3rd quarter. Kercheville Advisors LLC now owns 15,067 shares of the investment management company’s stock valued at $155,000 after acquiring an additional 2,000 shares during the period. Ackerman Capital Advisors LLC bought a new position in Invesco Municipal Opportunity Trust during the third quarter worth $161,000. Finally, Walleye Capital LLC acquired a new stake in Invesco Municipal Opportunity Trust in the third quarter worth $164,000. Institutional investors and hedge funds own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Trading Down 0.1 %

Shares of NYSE VMO opened at $9.87 on Friday. The firm’s 50-day moving average price is $9.77 and its 200-day moving average price is $9.97. Invesco Municipal Opportunity Trust has a 1-year low of $9.22 and a 1-year high of $10.39.

Invesco Municipal Opportunity Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 18th will be paid a dividend of $0.0625 per share. This represents a $0.75 dividend on an annualized basis and a yield of 7.60%. The ex-dividend date of this dividend is Tuesday, February 18th.

About Invesco Municipal Opportunity Trust

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.