Fiera Capital Corp Sells 33,960 Shares of Inv Vk Tr Inv (NYSE:VGM)

Key Points

• Fiera Capital Corp reduced its stake in Inv Vk Tr Inv (NYSE:VGM) by 6.1%, owning 518,847 shares worth approximately $5.17 million post-sale.
• The monthly dividend of $0.0646 per share will be distributed on July 31st, providing an annualized yield of 8.26% for shareholders.
• Institutional investors and hedge funds collectively own 38.13% of Inv Vk Tr Inv, reflecting ongoing interest in the company's stock.

Fiera Capital Corp decreased its position in shares of Inv Vk Tr Inv (NYSE:VGM - Free Report) by 6.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 518,847 shares of the investment management company's stock after selling 33,960 shares during the period. Fiera Capital Corp owned about 0.96% of Inv Vk Tr Inv worth $5,168,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of VGM. Anderson Financial Strategies LLC acquired a new stake in shares of Inv Vk Tr Inv in the fourth quarter valued at approximately $128,000. Nomura Holdings Inc. acquired a new stake in shares of Inv Vk Tr Inv in the fourth quarter valued at approximately $141,000. Bessemer Group Inc. acquired a new stake in shares of Inv Vk Tr Inv in the first quarter valued at approximately $158,000. Calton & Associates Inc. acquired a new stake in shares of Inv Vk Tr Inv in the first quarter valued at approximately $161,000. Finally, XTX Topco Ltd acquired a new stake in Inv Vk Tr Inv during the 4th quarter worth $172,000. Institutional investors and hedge funds own 38.13% of the company's stock.

Inv Vk Tr Inv Price Performance

VGM traded up $0.08 during trading on Friday, reaching $9.54. 298,044 shares of the company's stock were exchanged, compared to its average volume of 218,246. The company's fifty day moving average price is $9.52 and its 200-day moving average price is $9.77. Inv Vk Tr Inv has a fifty-two week low of $9.28 and a fifty-two week high of $10.70.

Inv Vk Tr Inv Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Thursday, July 31st. Shareholders of record on Wednesday, July 16th were issued a dividend of $0.0646 per share. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend was Wednesday, July 16th.

Inv Vk Tr Inv Profile

Invesco Trust for Investment Grade 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.