12,937 Shares in Invesco Municipal Opportunity Trust (NYSE:VMO) Purchased by Encompass More Asset Management

Encompass More Asset Management bought a new stake in Invesco Municipal Opportunity Trust (NYSE:VMO) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 12,937 shares of the investment management company’s stock, valued at approximately $133,000.

Other hedge funds have also made changes to their positions in the company. Blue Bell Private Wealth Management LLC raised its position in shares of Invesco Municipal Opportunity Trust by 7.7% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 14,601 shares of the investment management company’s stock valued at $147,000 after buying an additional 1,042 shares during the period. Kercheville Advisors LLC raised its position in Invesco Municipal Opportunity Trust by 15.3% in the third quarter. Kercheville Advisors LLC now owns 15,067 shares of the investment management company’s stock valued at $155,000 after purchasing an additional 2,000 shares during the period. Kingswood Wealth Advisors LLC lifted its stake in shares of Invesco Municipal Opportunity Trust by 9.2% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 32,120 shares of the investment management company’s stock valued at $324,000 after purchasing an additional 2,715 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Invesco Municipal Opportunity Trust during the 2nd quarter worth $45,000. Finally, Concurrent Investment Advisors LLC increased its position in shares of Invesco Municipal Opportunity Trust by 21.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 26,451 shares of the investment management company’s stock worth $272,000 after purchasing an additional 4,646 shares during the last quarter. Hedge funds and other institutional investors own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Stock Performance

Shares of VMO opened at $10.15 on Friday. The company’s 50-day moving average price is $10.03 and its 200 day moving average price is $10.02. Invesco Municipal Opportunity Trust has a 12-month low of $9.07 and a 12-month high of $10.39.

Invesco Municipal Opportunity Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were paid a $0.0625 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.39%. The ex-dividend date was Friday, November 15th.

Invesco Municipal Opportunity Trust Company 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.