Inv Vk Invt Ny (NYSE:VTN) Raises Dividend to $0.07 Per Share

Inv Vk Invt Ny (NYSE:VTN) declared a monthly dividend on Thursday, October 1st. Investors of record on Wednesday, October 14th will be paid a dividend of $0.0685 per share by the investment management company on Friday, October 30th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date of this dividend is Wednesday, October 14th. This is a 0.0% increase from Inv Vk Invt Ny’s previous monthly dividend of $0.0685.

Inv Vk Invt Ny Trading Up 2.0%

VTN opened at $9.55 on Friday. Inv Vk Invt Ny has a one year low of $8.99 and a one year high of $12.10. The business’s 50-day simple moving average is $10.51 and its 200-day simple moving average is $10.93.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Inv Vk Invt Ny stock. Integrated Wealth Concepts LLC acquired a new position in shares of Inv Vk Invt Ny (NYSE:VTN) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 4,200 shares of the investment management company’s stock, valued at approximately $49,000. Institutional investors own 34.87% of the company’s stock.

Inv Vk Invt Ny Company Profile

Invesco Municipal Trust (NYSE: VTN) is a closed-end management investment company. The fund’s primary objective is to provide current income that is exempt from regular federal income tax.

To pursue this objective, the trust invests primarily in municipal securities issued by states, municipalities and other public authorities in the United States. Its portfolio may include general obligation bonds, revenue bonds and other tax-exempt municipal obligations used to finance public infrastructure and services.

Invesco Municipal Trust is managed by Invesco, a global investment management firm.