Meristem Family Wealth LLC Acquires New Holdings in Invesco Municipal Opportunity Trust (NYSE:VMO)

Meristem Family Wealth LLC acquired a new stake in Invesco Municipal Opportunity Trust (NYSE:VMO) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 16,200 shares of the investment management company’s stock, valued at approximately $214,000.

Several other hedge funds also recently modified their holdings of VMO. UBS Group AG raised its stake in shares of Invesco Municipal Opportunity Trust by 28.2% in the 1st quarter. UBS Group AG now owns 1,320,496 shares of the investment management company’s stock valued at $17,404,000 after acquiring an additional 290,290 shares in the last quarter. Advisors Asset Management Inc. raised its stake in shares of Invesco Municipal Opportunity Trust by 40.5% in the 1st quarter. Advisors Asset Management Inc. now owns 200,190 shares of the investment management company’s stock valued at $2,639,000 after acquiring an additional 57,739 shares in the last quarter. JFS Wealth Advisors LLC raised its stake in shares of Invesco Municipal Opportunity Trust by 15.1% in the 1st quarter. JFS Wealth Advisors LLC now owns 273,728 shares of the investment management company’s stock valued at $3,608,000 after acquiring an additional 35,856 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Invesco Municipal Opportunity Trust by 10.6% in the 4th quarter. Wells Fargo & Company MN now owns 268,047 shares of the investment management company’s stock valued at $3,436,000 after acquiring an additional 25,643 shares in the last quarter. Finally, PFG Advisors bought a new position in shares of Invesco Municipal Opportunity Trust in the 1st quarter valued at approximately $291,000. 19.79% of the stock is currently owned by institutional investors and hedge funds.

VMO opened at $13.65 on Friday. The firm has a 50 day simple moving average of $13.51. Invesco Municipal Opportunity Trust has a 12-month low of $11.66 and a 12-month high of $13.81.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Monday, June 14th will be issued a $0.054 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 4.75%. The ex-dividend date of this dividend is Friday, June 11th.

Invesco Municipal Opportunity Trust Company Profile

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.

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

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