Angeles Investment Advisors LLC Takes Position in Invesco Municipal Opportunity Trust (NYSE:VMO)

Angeles Investment Advisors LLC acquired a new position in shares of Invesco Municipal Opportunity Trust (NYSE:VMO) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 46,900 shares of the investment management company’s stock, valued at approximately $473,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in VMO. CENTRAL TRUST Co purchased a new position in Invesco Municipal Opportunity Trust during the 1st quarter worth approximately $29,000. Financial Management Professionals Inc. purchased a new position in shares of Invesco Municipal Opportunity Trust during the first quarter worth approximately $42,000. International Assets Investment Management LLC acquired a new position in shares of Invesco Municipal Opportunity Trust in the 2nd quarter valued at $45,000. Blue Bell Private Wealth Management LLC purchased a new stake in Invesco Municipal Opportunity Trust in the 1st quarter valued at $132,000. Finally, Choreo LLC acquired a new stake in Invesco Municipal Opportunity Trust during the 2nd quarter worth $139,000. Institutional investors and hedge funds own 42.57% of the company’s stock.

Invesco Municipal Opportunity Trust Price Performance

Shares of Invesco Municipal Opportunity Trust stock opened at $10.34 on Monday. The company’s fifty day moving average is $10.09 and its two-hundred day moving average is $9.82. Invesco Municipal Opportunity Trust has a 1 year low of $7.86 and a 1 year high of $10.39.

Invesco Municipal Opportunity Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 17th will be given a $0.0625 dividend. This represents a $0.75 annualized dividend and a yield of 7.25%. The ex-dividend date is Tuesday, September 17th.

About Invesco Municipal Opportunity Trust

Invesco Municipal Opportunity 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 Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.