Invesco Municipal Trust (VKQ) : New Vernon Investment Management reduced its stake in Invesco Municipal Trust by 10.94% during the most recent quarter end. The investment management company now holds a total of 390,883 shares of Invesco Municipal Trust which is valued at $4,710,140 after selling 48,000 shares in Invesco Municipal Trust , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Invesco Municipal Trust makes up approximately 5.00% of New Vernon Investment Management’s portfolio.
Other Hedge Funds, Including , Private Advisor Group reduced its stake in VKQ by selling 1,350 shares or 3.59% in the most recent quarter. The Hedge Fund company now holds 36,269 shares of VKQ which is valued at $445,383. Invesco Municipal Trust makes up approx 0.02% of Private Advisor Group’s portfolio.Investment Centers Of America Inc boosted its stake in VKQ in the latest quarter, The investment management firm added 130 additional shares and now holds a total of 11,869 shares of Invesco Municipal Trust which is valued at $145,751. Invesco Municipal Trust makes up approx 0.02% of Investment Centers Of America Inc’s portfolio.Advisors Asset Management boosted its stake in VKQ in the latest quarter, The investment management firm added 5,302 additional shares and now holds a total of 514,367 shares of Invesco Municipal Trust which is valued at $6,619,903. Invesco Municipal Trust makes up approx 0.11% of Advisors Asset Management’s portfolio.
Invesco Municipal Trust closed down -0.12 points or -0.98% at $12.18 with 1,67,074 shares getting traded on Monday. Post opening the session at $12.31, the shares hit an intraday low of $12.12 and an intraday high of $12.31 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Invesco Municipal Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax consistent with preservation of capital. The Trust invests at least 80% of its assets in municipal securities rated investment grade at the time of investment. The Trust invests in sectors such hospital public education transportation and utility among others. Invesco Advisers Inc. is the investment adviser of the Trust. Invesco Asset Management Deutschland GmbH Invesco Asset Management Limited Invesco Asset Management (Japan) Limited Invesco Hong Kong Limited Invesco Senior Secured Management Inc. and Invesco Canada Ltd. are the sub-advisers of the Trust.