Invesco Municipal Trust (NYSE:VKQ), saw an insider increase his holdings with the company through a transaction officially filed today, August 15th. Director Rodney F. Dammeyer acquired 19,930 shares of common stock at average prices ranging from $12.47 to $12.48 per share. Following the completion of this transaction, Dammeyer now has a total of 212,104.474 shares indirectly invested in the company.
A $689.84 million market cap company, Invesco Municipal Trust (NYSE:VKQ) is a diversified, closed-end management investment company. The Trust provides investors with a current income exempt from federal income tax, consistent with preservation of capital, through investment in a portfolio of municipal securities.
As it acts as its own fund, Invesco doesn’t have many hedge fund investors. However, there is one with a substantial investment in the company. Cliff Asness‘ Aqr Capital management has a total of 101,721 shares worth about $1.2 million invested in Invesco Municipal Trust (NYSE:VKQ)
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.