Wealth Alliance Advisory Group LLC Makes New Investment in Invesco Municipal Opportunity Trust (NYSE:VMO)

Wealth Alliance Advisory Group LLC purchased a new stake in Invesco Municipal Opportunity Trust (NYSE:VMO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 36,600 shares of the investment management company’s stock, valued at approximately $356,000.

Other large investors have also made changes to their positions in the company. Kercheville Advisors LLC boosted its stake in Invesco Municipal Opportunity Trust by 15.3% in the 3rd quarter. Kercheville Advisors LLC now owns 15,067 shares of the investment management company’s stock worth $155,000 after purchasing an additional 2,000 shares during the period. Concurrent Investment Advisors LLC lifted its holdings in shares of Invesco Municipal Opportunity Trust by 21.3% in the third quarter. Concurrent Investment Advisors LLC now owns 26,451 shares of the investment management company’s stock valued at $272,000 after purchasing an additional 4,646 shares in the last quarter. Stratos Wealth Advisors LLC boosted its position in shares of Invesco Municipal Opportunity Trust by 7.9% during the third quarter. Stratos Wealth Advisors LLC now owns 94,131 shares of the investment management company’s stock worth $967,000 after buying an additional 6,866 shares during the period. Encompass More Asset Management bought a new position in shares of Invesco Municipal Opportunity Trust during the third quarter worth about $133,000. Finally, Choreo LLC acquired a new position in Invesco Municipal Opportunity Trust during the second quarter worth $139,000. Institutional investors own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Stock Performance

Invesco Municipal Opportunity Trust stock opened at $9.71 on Friday. Invesco Municipal Opportunity Trust has a one year low of $9.16 and a one year high of $10.39. The firm has a 50-day moving average of $9.82 and a 200-day moving average of $10.00.

Invesco Municipal Opportunity Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Friday, January 17th will be issued a dividend of $0.0625 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 7.73%. The ex-dividend date of this dividend is Friday, January 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.