Seamount Financial Group Inc. Has $803,000 Stock Holdings in Invesco Municipal Trust (NYSE:VKQ)

Seamount Financial Group Inc. boosted its holdings in shares of Invesco Municipal Trust (NYSE:VKQ) by 1.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 81,858 shares of the investment management company’s stock after acquiring an additional 1,287 shares during the period. Seamount Financial Group Inc.’s holdings in Invesco Municipal Trust were worth $803,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Community Bank N.A. lifted its holdings in Invesco Municipal Trust by 100.0% during the third quarter. Community Bank N.A. now owns 4,000 shares of the investment management company’s stock worth $41,000 after acquiring an additional 2,000 shares in the last quarter. Private Advisor Group LLC bought a new stake in shares of Invesco Municipal Trust during the third quarter worth $108,000. Ackerman Capital Advisors LLC acquired a new stake in shares of Invesco Municipal Trust during the third quarter worth $137,000. Sanctuary Advisors LLC bought a new position in shares of Invesco Municipal Trust during the 2nd quarter worth approximately $142,000. Finally, Kingswood Wealth Advisors LLC bought a new stake in Invesco Municipal Trust during the fourth quarter worth about $193,000. Institutional investors own 32.00% of the company’s stock.

Invesco Municipal Trust Price Performance

Shares of NYSE VKQ opened at $9.96 on Friday. The business’s 50 day moving average price is $9.86 and its two-hundred day moving average price is $10.02. Invesco Municipal Trust has a twelve month low of $9.15 and a twelve month high of $10.47.

Invesco Municipal Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Tuesday, February 18th will be given a $0.0628 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.57%.

Invesco Municipal Trust 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.