Invesco Municipal Trust (NYSE:VKQ) Shares Purchased by Wolverine Asset Management LLC

Wolverine Asset Management LLC increased its holdings in shares of Invesco Municipal Trust (NYSE:VKQ) by 155.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,877 shares of the investment management company’s stock after purchasing an additional 27,275 shares during the quarter. Wolverine Asset Management LLC’s holdings in Invesco Municipal Trust were worth $428,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Simon Quick Advisors LLC acquired a new stake in shares of Invesco Municipal Trust during the 4th quarter worth about $217,000. Capital Investment Advisors LLC increased its position in shares of Invesco Municipal Trust by 5.0% during the 4th quarter. Capital Investment Advisors LLC now owns 159,001 shares of the investment management company’s stock worth $1,515,000 after purchasing an additional 7,595 shares during the last quarter. Robinson Capital Management LLC increased its position in shares of Invesco Municipal Trust by 46.9% during the 3rd quarter. Robinson Capital Management LLC now owns 292,289 shares of the investment management company’s stock worth $2,448,000 after purchasing an additional 93,345 shares during the last quarter. Landscape Capital Management L.L.C. increased its position in shares of Invesco Municipal Trust by 44.9% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 34,339 shares of the investment management company’s stock worth $286,000 after purchasing an additional 10,642 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC acquired a new stake in shares of Invesco Municipal Trust during the 4th quarter worth about $139,000. 32.00% of the stock is owned by institutional investors and hedge funds.

Invesco Municipal Trust Stock Performance

Shares of Invesco Municipal Trust stock opened at $9.26 on Friday. The business has a 50-day moving average of $9.48 and a 200 day moving average of $9.23. Invesco Municipal Trust has a 12 month low of $7.94 and a 12 month high of $9.76.

Invesco Municipal Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be issued a dividend of $0.0391 per share. This represents a $0.47 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date of this dividend is Monday, April 15th.

About Invesco Municipal Trust

Invesco Municipal 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 Hong Kong Limited, INVESCO Senior Secured Management, Inc, and Invesco Canada Ltd.