Wolverine Asset Management LLC Purchases 27,275 Shares of Invesco Municipal Trust (NYSE:VKQ)

Wolverine Asset Management LLC boosted its position in Invesco Municipal Trust (NYSE:VKQ) by 155.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 44,877 shares of the investment management company’s stock after purchasing an additional 27,275 shares during the quarter. Wolverine Asset Management LLC owned approximately 0.08% of Invesco Municipal Trust worth $428,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Simon Quick Advisors LLC bought a new position in Invesco Municipal Trust in the fourth quarter worth about $217,000. Capital Investment Advisors LLC raised its holdings in Invesco Municipal Trust by 5.0% in the fourth quarter. Capital Investment Advisors LLC now owns 159,001 shares of the investment management company’s stock worth $1,515,000 after purchasing an additional 7,595 shares in the last quarter. Robinson Capital Management LLC raised its holdings in Invesco Municipal Trust by 46.9% in the third quarter. Robinson Capital Management LLC now owns 292,289 shares of the investment management company’s stock worth $2,448,000 after purchasing an additional 93,345 shares in the last quarter. Landscape Capital Management L.L.C. raised its holdings in Invesco Municipal Trust by 44.9% in the third quarter. Landscape Capital Management L.L.C. now owns 34,339 shares of the investment management company’s stock worth $286,000 after purchasing an additional 10,642 shares in the last quarter. Finally, Relyea Zuckerberg Hanson LLC bought a new position in Invesco Municipal Trust in the fourth quarter worth about $139,000. 32.00% of the stock is currently owned by institutional investors.

Invesco Municipal Trust Stock Performance

VKQ opened at $9.26 on Friday. Invesco Municipal Trust has a 52-week low of $7.94 and a 52-week high of $9.76. The firm’s 50-day moving average price is $9.48 and its 200-day moving average price is $9.23.

Invesco Municipal Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be issued a dividend of $0.0391 per share. The ex-dividend date of this dividend is Monday, April 15th. This represents a $0.47 annualized dividend and a dividend yield of 5.07%.

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.