UBS Group AG Reduces Holdings in Invesco Municipal Opportunity Trust (NYSE:VMO)

UBS Group AG reduced its stake in shares of Invesco Municipal Opportunity Trust (NYSE:VMOGet Rating) by 15.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,593,462 shares of the investment management company’s stock after selling 291,708 shares during the period. UBS Group AG’s holdings in Invesco Municipal Opportunity Trust were worth $15,791,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Nomura Holdings Inc. acquired a new position in Invesco Municipal Opportunity Trust during the 2nd quarter worth $104,000. Prelude Capital Management LLC acquired a new position in Invesco Municipal Opportunity Trust during the 2nd quarter worth $109,000. Wetherby Asset Management Inc. acquired a new position in Invesco Municipal Opportunity Trust during the 1st quarter worth $121,000. Berkeley Capital Partners LLC grew its holdings in Invesco Municipal Opportunity Trust by 19.3% during the 3rd quarter. Berkeley Capital Partners LLC now owns 12,387 shares of the investment management company’s stock worth $113,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Walleye Capital LLC acquired a new position in Invesco Municipal Opportunity Trust during the 1st quarter worth $148,000. 22.28% of the stock is owned by institutional investors and hedge funds.

Invesco Municipal Opportunity Trust Price Performance

Shares of VMO stock opened at $9.27 on Friday. Invesco Municipal Opportunity Trust has a 1-year low of $8.70 and a 1-year high of $10.91. The firm has a fifty day moving average of $9.53 and a two-hundred day moving average of $9.59.

Invesco Municipal Opportunity Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Monday, May 15th will be issued a $0.0358 dividend. This represents a $0.43 annualized dividend and a dividend yield of 4.63%. The ex-dividend date is Friday, May 12th.

Invesco Municipal Opportunity Trust Company Profile

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Invesco Municipal Opportunity Trust is a closed-end Investment Fund and Investment Trust. Its investment objective is to provide a high level of current income exempt from federal income tax, consistent with preservation of capital. The fund was founded on April 24, 1992 and is headquartered in Atlanta, GA.

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

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