51,707 Shares in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) Acquired by CF Capital LLC

CF Capital LLC purchased a new position in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 51,707 shares of the investment management company's stock, valued at approximately $541,000. CF Capital LLC owned approximately 0.27% of Invesco Trust for Investment Grade New York Municipals as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VTN. Guggenheim Capital LLC boosted its stake in shares of Invesco Trust for Investment Grade New York Municipals by 3.9% during the 4th 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. Bank of America Corp DE boosted its position in Invesco Trust for Investment Grade New York Municipals by 6.5% during the 4th quarter. Bank of America Corp DE now owns 250,348 shares of the investment management company's stock valued at $2,621,000 after acquiring an additional 15,185 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in Invesco Trust for Investment Grade New York Municipals by 2.0% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 153,293 shares of the investment management company's stock valued at $1,605,000 after purchasing an additional 3,075 shares during the last quarter. Ashton Thomas Securities LLC lifted its position 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 valued at $1,169,000 after acquiring an additional 66,200 shares during the last quarter. Finally, Alpine Global Management LLC acquired a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the 4th quarter worth $496,000. Institutional investors own 34.87% of the company's stock.

Invesco Trust for Investment Grade New York Municipals Stock Performance

VTN stock traded up $0.06 during midday trading on Wednesday, reaching $10.42. The stock had a trading volume of 19,166 shares, compared to its average volume of 57,200. Invesco Trust for Investment Grade New York Municipals has a 52-week low of $9.49 and a 52-week high of $11.68. The firm has a fifty day simple moving average of $10.32 and a two-hundred day simple moving average of $10.67.

Invesco Trust for Investment Grade New York Municipals Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a dividend of $0.0685 per share. The ex-dividend date is Friday, May 16th. This represents a $0.82 annualized dividend and a yield of 7.89%.

About Invesco Trust for Investment Grade New York Municipals

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.