Alpine Global Management LLC Purchases Shares of 47,420 Invesco Trust for Investment Grade New York Municipals (NYSE:VTN)

Alpine Global Management LLC acquired a new position in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 47,420 shares of the investment management company's stock, valued at approximately $496,000. Alpine Global Management LLC owned approximately 0.24% of Invesco Trust for Investment Grade New York Municipals as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VTN. Stifel Financial Corp boosted its stake in shares of Invesco Trust for Investment Grade New York Municipals by 19.4% in the fourth quarter. Stifel Financial Corp now owns 45,616 shares of the investment management company's stock valued at $478,000 after buying an additional 7,418 shares during the period. Guggenheim Capital LLC increased its position in shares of Invesco Trust for Investment Grade New York Municipals by 3.9% in the fourth quarter. Guggenheim Capital LLC now owns 350,865 shares of the investment management company's stock worth $3,674,000 after purchasing an additional 13,277 shares during the period. Walleye Capital LLC acquired a new position in Invesco Trust for Investment Grade New York Municipals in the fourth quarter valued at about $115,000. Raymond James Financial Inc. bought a new stake in Invesco Trust for Investment Grade New York Municipals during the fourth quarter worth about $112,000. Finally, Ashton Thomas Securities LLC grew its stake in Invesco Trust for Investment Grade New York Municipals by 145.5% during the fourth quarter. Ashton Thomas Securities LLC now owns 111,700 shares of the investment management company's stock worth $1,169,000 after buying an additional 66,200 shares in the last quarter. Institutional investors own 34.87% of the company's stock.

Invesco Trust for Investment Grade New York Municipals Stock Performance

Shares of Invesco Trust for Investment Grade New York Municipals stock traded up $0.10 on Friday, reaching $10.21. 27,576 shares of the stock were exchanged, compared to its average volume of 57,206. The firm's 50 day moving average is $10.37 and its 200-day moving average is $10.73. Invesco Trust for Investment Grade New York Municipals has a one year low of $9.49 and a one year high of $11.68.

Invesco Trust for Investment Grade New York Municipals Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a dividend of $0.0685 per share. The ex-dividend date is Wednesday, April 16th. This represents a $0.82 annualized dividend and a dividend yield of 8.05%.

Invesco Trust for Investment Grade New York Municipals Company Profile

Invesco Trust for Investment Grade New York Municipals 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.