Penbrook Management LLC Grows Position in Invesco Municipal Trust (NYSE:VKQ)

Penbrook Management LLC lifted its stake in Invesco Municipal Trust (NYSE:VKQ) by 100.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,000 shares of the investment management company’s stock after buying an additional 10,000 shares during the quarter. Penbrook Management LLC’s holdings in Invesco Municipal Trust were worth $252,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in VKQ. Parametric Portfolio Associates LLC lifted its holdings in shares of 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 worth $10,509,000 after buying an additional 327,246 shares in the last quarter. UBS Group AG lifted its holdings in shares of Invesco Municipal Trust by 5.3% in the second quarter. UBS Group AG now owns 1,377,779 shares of the investment management company’s stock worth $16,974,000 after buying an additional 69,069 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Invesco Municipal Trust by 10.8% in the second quarter. Wells Fargo & Company MN now owns 555,284 shares of the investment management company’s stock worth $6,841,000 after buying an additional 54,064 shares in the last quarter. Van ECK Associates Corp lifted its holdings in shares of Invesco Municipal Trust by 15.1% in the second quarter. Van ECK Associates Corp now owns 258,806 shares of the investment management company’s stock worth $3,188,000 after buying an additional 33,873 shares in the last quarter. Finally, Sit Investment Associates Inc. lifted its holdings in shares of Invesco Municipal Trust by 4.1% in the first quarter. Sit Investment Associates Inc. now owns 694,834 shares of the investment management company’s stock worth $8,373,000 after buying an additional 27,200 shares in the last quarter. 15.37% of the stock is currently owned by hedge funds and other institutional investors.

VKQ stock opened at $12.57 on Friday. Invesco Municipal Trust has a one year low of $10.89 and a one year high of $12.97. The company’s fifty day moving average price is $12.62 and its 200-day moving average price is $12.37.

The business also recently announced a — dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 18th were issued a $0.0517 dividend. This represents a dividend yield of 4.8%. The ex-dividend date was Tuesday, September 17th.

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.

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

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