FinTrust Investment Advisory Services LLC Buys Shares of 45,000 Invesco Municipal Opportunity Trust (VMO)

FinTrust Investment Advisory Services LLC bought a new position in Invesco Municipal Opportunity Trust (NYSE:VMO) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 45,000 shares of the investment management company’s stock, valued at approximately $585,000.

Other hedge funds have also added to or reduced their stakes in the company. JFS Wealth Advisors LLC increased its stake in Invesco Municipal Opportunity Trust by 2.1% in the second quarter. JFS Wealth Advisors LLC now owns 145,065 shares of the investment management company’s stock worth $1,899,000 after purchasing an additional 2,989 shares during the period. Wells Fargo & Company MN increased its stake in Invesco Municipal Opportunity Trust by 15.4% in the second quarter. Wells Fargo & Company MN now owns 254,122 shares of the investment management company’s stock worth $3,326,000 after purchasing an additional 33,901 shares during the period. Van ECK Associates Corp increased its stake in Invesco Municipal Opportunity Trust by 43.7% in the second quarter. Van ECK Associates Corp now owns 162,799 shares of the investment management company’s stock worth $2,131,000 after purchasing an additional 49,534 shares during the period. FCA Corp TX increased its stake in Invesco Municipal Opportunity Trust by 0.3% in the second quarter. FCA Corp TX now owns 88,467 shares of the investment management company’s stock worth $1,158,000 after purchasing an additional 290 shares during the period. Finally, IFC Holdings Incorporated FL increased its stake in Invesco Municipal Opportunity Trust by 2.4% in the second quarter. IFC Holdings Incorporated FL now owns 42,623 shares of the investment management company’s stock worth $557,000 after purchasing an additional 1,000 shares during the period. Institutional investors and hedge funds own 7.41% of the company’s stock.

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Invesco Municipal Opportunity Trust (VMO) traded up 0.32% during mid-day trading on Monday, reaching $12.53. The company’s stock had a trading volume of 21,206 shares. The firm’s 50 day moving average price is $13.00 and its 200 day moving average price is $13.12. Invesco Municipal Opportunity Trust has a 12-month low of $12.27 and a 12-month high of $13.37.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Friday, October 13th will be given a $0.0554 dividend. The ex-dividend date is Thursday, October 12th. This represents a $0.66 dividend on an annualized basis and a yield of 5.32%.

Invesco Municipal Opportunity Trust Company Profile

Invesco Van Kampen Municipal Opportunity Trust (the Trust), formerly Invesco Municipal Opportunity Trust is a diversified, closed-end management investment trust. 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.

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

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