Alpine Global Management LLC Purchases New Shares in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN)

Alpine Global Management LLC purchased a new position in Invesco Trust for Investment Grade New York Municipals (NYSE:VTN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 47,420 shares of the investment management company's stock, valued at approximately $496,000. Alpine Global Management LLC owned about 0.24% of Invesco Trust for Investment Grade New York Municipals as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Balyasny Asset Management L.P. bought a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the 4th quarter worth $204,000. Raymond James Financial Inc. purchased a new position in Invesco Trust for Investment Grade New York Municipals in the 4th quarter worth about $112,000. Ashton Thomas Securities LLC lifted its stake in Invesco Trust for Investment Grade New York Municipals by 145.5% during the 4th 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 period. Stifel Financial Corp boosted its holdings in shares of Invesco Trust for Investment Grade New York Municipals by 19.4% during the 4th quarter. Stifel Financial Corp now owns 45,616 shares of the investment management company's stock valued at $478,000 after acquiring an additional 7,418 shares during the last quarter. Finally, Wolverine Asset Management LLC raised its holdings in shares of Invesco Trust for Investment Grade New York Municipals by 1,314.1% during the fourth quarter. Wolverine Asset Management LLC now owns 13,618 shares of the investment management company's stock valued at $143,000 after purchasing an additional 12,655 shares during the last quarter. Institutional investors own 34.87% of the company's stock.

Invesco Trust for Investment Grade New York Municipals Stock Down 0.2%

Invesco Trust for Investment Grade New York Municipals stock traded down $0.02 during midday trading on Monday, reaching $10.20. 17,695 shares of the company traded hands, compared to its average volume of 57,008. Invesco Trust for Investment Grade New York Municipals has a 12 month low of $9.49 and a 12 month high of $11.68. The business has a 50 day moving average of $10.27 and a two-hundred day moving average of $10.59.

Invesco Trust for Investment Grade New York Municipals Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be issued a $0.0685 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 8.06%. The ex-dividend date of this dividend is Friday, May 16th.

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.