Prospera Financial Services Inc Has $158,000 Holdings in Invesco Municipal Trust (NYSE:VKQ)

Prospera Financial Services Inc cut its position in Invesco Municipal Trust (NYSE:VKQ) by 10.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,200 shares of the investment management company’s stock after selling 1,688 shares during the period. Prospera Financial Services Inc’s holdings in Invesco Municipal Trust were worth $158,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in VKQ. Parametric Portfolio Associates LLC boosted its position in Invesco Municipal Trust by 60.1% in the first quarter. Parametric Portfolio Associates LLC now owns 872,112 shares of the investment management company’s stock valued at $10,509,000 after buying an additional 327,246 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Invesco Municipal Trust by 10.8% during the second quarter. Wells Fargo & Company MN now owns 555,284 shares of the investment management company’s stock worth $6,841,000 after purchasing an additional 54,064 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Invesco Municipal Trust by 15.1% during the second quarter. Van ECK Associates Corp now owns 258,806 shares of the investment management company’s stock worth $3,188,000 after purchasing an additional 33,873 shares in the last quarter. Sit Investment Associates Inc. lifted its position in shares of Invesco Municipal Trust by 4.1% during the first quarter. Sit Investment Associates Inc. now owns 694,834 shares of the investment management company’s stock worth $8,373,000 after purchasing an additional 27,200 shares in the last quarter. Finally, Meristem Family Wealth LLC acquired a new position in shares of Invesco Municipal Trust during the second quarter worth approximately $218,000. Hedge funds and other institutional investors own 15.37% of the company’s stock.

Shares of VKQ stock traded up $0.03 during trading hours on Friday, reaching $12.50. 753 shares of the company were exchanged, compared to its average volume of 146,879. Invesco Municipal Trust has a fifty-two week low of $10.87 and a fifty-two week high of $12.97. The stock’s fifty day moving average is $12.70 and its two-hundred day moving average is $12.30.

The business also recently announced a — dividend, which will be paid on Monday, September 30th. Stockholders of record on Wednesday, September 18th will be given a dividend of $0.0517 per share. The ex-dividend date is Tuesday, September 17th. This represents a dividend yield of 4.8%.

Invesco Municipal Trust Company Profile

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.

Further Reading: Outstanding Shares, Buying and Selling Stocks

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

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