Inv Vk Mun Opp $VMO Stock Position Trimmed by UBS Group AG

UBS Group AG cut its position in Inv Vk Mun Opp (NYSE:VMO) by 14.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,134,539 shares of the investment management company’s stock after selling 188,856 shares during the quarter. UBS Group AG owned about 1.68% of Inv Vk Mun Opp worth $10,858,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of VMO. Geneos Wealth Management Inc. lifted its position in Inv Vk Mun Opp by 1,328.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 4,214 shares of the investment management company’s stock valued at $39,000 after purchasing an additional 3,919 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Inv Vk Mun Opp by 252.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,661 shares of the investment management company’s stock valued at $70,000 after purchasing an additional 5,490 shares during the last quarter. Merit Financial Group LLC bought a new stake in Inv Vk Mun Opp in the 4th quarter valued at about $96,000. River Street Advisors LLC bought a new stake in Inv Vk Mun Opp in the 4th quarter valued at about $120,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in Inv Vk Mun Opp in the 3rd quarter valued at about $150,000. 42.57% of the stock is currently owned by institutional investors.

Inv Vk Mun Opp Trading Down 1.6%

Shares of NYSE:VMO opened at $9.53 on Friday. The company’s 50-day moving average price is $9.67 and its 200 day moving average price is $9.70. Inv Vk Mun Opp has a fifty-two week low of $8.90 and a fifty-two week high of $10.10.

Inv Vk Mun Opp Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 14th will be given a $0.0625 dividend. The ex-dividend date is Thursday, May 14th. This represents a c) annualized dividend and a yield of 7.9%.

About Inv Vk Mun Opp

Inv Vk Mun Opp (NYSE: VMO), known as the Invesco Municipal Opportunity Trust, is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax, along with the potential for capital appreciation. The fund primarily invests in a diversified portfolio of municipal securities issued by U.S. states, cities and local governments. Its investment strategy emphasizes selecting undervalued bonds that offer attractive tax-exempt yields, while maintaining a focus on credit quality and liquidity.

The portfolio manager employs both fundamental credit analysis and relative-value techniques to identify investment opportunities across various sectors of the municipal bond market.