Invesco Municipal Trust (VKQ) Holdings Boosted by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC raised its position in Invesco Municipal Trust (NYSE:VKQ) by 6.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,650 shares of the investment management company’s stock after buying an additional 1,400 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Invesco Municipal Trust were worth $291,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Accuvest Global Advisors raised its stake in shares of Invesco Municipal Trust by 14.9% in the second quarter. Accuvest Global Advisors now owns 122,410 shares of the investment management company’s stock worth $1,571,000 after acquiring an additional 15,920 shares during the last quarter. JFS Wealth Advisors LLC raised its stake in shares of Invesco Municipal Trust by 1.4% in the second quarter. JFS Wealth Advisors LLC now owns 188,468 shares of the investment management company’s stock worth $2,418,000 after acquiring an additional 2,512 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Invesco Municipal Trust by 8.9% in the second quarter. First Trust Advisors LP now owns 73,971 shares of the investment management company’s stock worth $949,000 after acquiring an additional 6,071 shares during the last quarter. IFC Holdings Incorporated FL raised its stake in shares of Invesco Municipal Trust by 3.3% in the second quarter. IFC Holdings Incorporated FL now owns 71,333 shares of the investment management company’s stock worth $916,000 after acquiring an additional 2,304 shares during the last quarter. Finally, Wedbush Securities Inc. raised its stake in shares of Invesco Municipal Trust by 2.0% in the second quarter. Wedbush Securities Inc. now owns 15,200 shares of the investment management company’s stock worth $195,000 after acquiring an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 9.67% of the company’s stock.

Invesco Municipal Trust (NYSE VKQ) opened at 12.93 on Tuesday. Invesco Municipal Trust has a 52 week low of $11.89 and a 52 week high of $13.84. The firm has a 50 day moving average of $12.91 and a 200-day moving average of $12.71.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Wednesday, September 13th will be issued a $0.0591 dividend. The ex-dividend date is Tuesday, September 12th. This represents a $0.71 dividend on an annualized basis and a yield of 5.48%.

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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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