Raymond James & Associates Boosts Stock Holdings in Invesco Municipal Opportunity Trust (NYSE:VMO)

Raymond James & Associates lifted its position in shares of Invesco Municipal Opportunity Trust (NYSE:VMOGet Rating) by 6.0% during the third quarter, Holdings Channel reports. The firm owned 394,138 shares of the investment management company’s stock after acquiring an additional 22,161 shares during the period. Raymond James & Associates’ holdings in Invesco Municipal Opportunity Trust were worth $3,591,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VMO. Bramshill Investments LLC increased its position in shares of Invesco Municipal Opportunity Trust by 53.7% during the 2nd quarter. Bramshill Investments LLC now owns 4,281,530 shares of the investment management company’s stock valued at $44,228,000 after purchasing an additional 1,496,032 shares during the last quarter. Berkeley Capital Partners LLC purchased a new position in Invesco Municipal Opportunity Trust in the second quarter valued at about $107,000. JFS Wealth Advisors LLC grew its position in shares of Invesco Municipal Opportunity Trust by 2,643.0% during the 3rd quarter. JFS Wealth Advisors LLC now owns 253,621 shares of the investment management company’s stock valued at $2,310,000 after acquiring an additional 244,375 shares during the period. Mariner Investment Group LLC purchased a new position in Invesco Municipal Opportunity Trust in the second quarter valued at approximately $368,000. Finally, Robinson Capital Management LLC increased its position in Invesco Municipal Opportunity Trust by 20.1% in the second quarter. Robinson Capital Management LLC now owns 182,428 shares of the investment management company’s stock worth $1,886,000 after buying an additional 30,523 shares during the last quarter. 22.28% of the stock is owned by institutional investors.

Invesco Municipal Opportunity Trust Stock Down 0.1 %

Shares of NYSE VMO opened at $9.92 on Friday. The business’s fifty day moving average price is $9.64 and its 200-day moving average price is $9.78. Invesco Municipal Opportunity Trust has a one year low of $8.70 and a one year high of $12.88.

Invesco Municipal Opportunity Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Tuesday, January 17th will be given a $0.0394 dividend. This represents a $0.47 annualized dividend and a dividend yield of 4.77%. The ex-dividend date is Friday, January 13th.

Invesco Municipal Opportunity Trust Company Profile

(Get Rating)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco Municipal Opportunity Trust (NYSE:VMO)

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