Ameriprise Financial Inc. raised its holdings in shares of Invesco Municipal Trust (NYSE:VKQ) by 43.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,805 shares of the investment management company’s stock after purchasing an additional 10,544 shares during the quarter. Ameriprise Financial Inc.’s holdings in Invesco Municipal Trust were worth $447,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in VKQ. Fiduciary Financial Services of The Southwest Inc. TX acquired a new stake in Invesco Municipal Trust during the 2nd quarter valued at $171,000. Wedbush Securities Inc. lifted its holdings in Invesco Municipal Trust by 2.0% during the 2nd quarter. Wedbush Securities Inc. now owns 15,200 shares of the investment management company’s stock valued at $195,000 after purchasing an additional 300 shares during the last quarter. Regal Investment Advisors LLC lifted its holdings in Invesco Municipal Trust by 16.6% during the 2nd quarter. Regal Investment Advisors LLC now owns 22,072 shares of the investment management company’s stock valued at $283,000 after purchasing an additional 3,144 shares during the last quarter. Sheaff Brock Investment Advisors LLC lifted its holdings in Invesco Municipal Trust by 6.6% during the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 22,650 shares of the investment management company’s stock valued at $291,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco Municipal Trust by 0.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 54,402 shares of the investment management company’s stock valued at $698,000 after purchasing an additional 452 shares during the last quarter. 9.56% of the stock is owned by institutional investors and hedge funds.

Shares of Invesco Municipal Trust (NYSE:VKQ) opened at $12.41 on Tuesday. Invesco Municipal Trust has a twelve month low of $11.89 and a twelve month high of $13.04.

The firm also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be issued a dividend of $0.0591 per share. This represents a $0.71 annualized dividend and a yield of 5.71%. The ex-dividend date is Tuesday, November 14th.

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About Invesco Municipal Trust

Invesco Municipal Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital. The Trust invests approximately 80% of its assets in municipal securities rated investment grade at the time of investment.

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

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