Blue Bell Private Wealth Management LLC Trims Stock Position in Invesco Municipal Opportunity Trust (NYSE:VMO)

Blue Bell Private Wealth Management LLC cut its holdings in Invesco Municipal Opportunity Trust (NYSE:VMO) by 15.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,389 shares of the investment management company’s stock after selling 2,212 shares during the quarter. Blue Bell Private Wealth Management LLC’s holdings in Invesco Municipal Opportunity Trust were worth $120,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Rivernorth Capital Management LLC grew its holdings in Invesco Municipal Opportunity Trust by 26.2% during the 3rd quarter. Rivernorth Capital Management LLC now owns 2,367,527 shares of the investment management company’s stock valued at $24,315,000 after buying an additional 491,922 shares during the last quarter. Robinson Capital Management LLC lifted its position in shares of Invesco Municipal Opportunity Trust by 44.1% in the fourth quarter. Robinson Capital Management LLC now owns 1,697,121 shares of the investment management company’s stock valued at $16,496,000 after acquiring an additional 519,405 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco Municipal Opportunity Trust during the fourth quarter valued at $7,598,000. Van ECK Associates Corp increased its position in Invesco Municipal Opportunity Trust by 4.4% during the 4th quarter. Van ECK Associates Corp now owns 507,362 shares of the investment management company’s stock worth $4,932,000 after purchasing an additional 21,173 shares in the last quarter. Finally, Whitebox Advisors LLC raised its stake in Invesco Municipal Opportunity Trust by 7.1% in the 3rd quarter. Whitebox Advisors LLC now owns 254,394 shares of the investment management company’s stock valued at $2,613,000 after purchasing an additional 16,871 shares during the last quarter. 42.57% of the stock is owned by hedge funds and other institutional investors.

Invesco Municipal Opportunity Trust Stock Performance

NYSE:VMO opened at $9.74 on Friday. Invesco Municipal Opportunity Trust has a 12-month low of $9.22 and a 12-month high of $10.39. The company’s 50-day moving average is $9.76 and its two-hundred day moving average is $9.93.

Invesco Municipal Opportunity Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.0625 per share. This represents a $0.75 annualized dividend and a dividend yield of 7.70%. The ex-dividend date is Monday, March 17th.

Invesco Municipal Opportunity Trust 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.