Inv Vk Tr Inv (NYSE:VGM) Declares Monthly Dividend of $0.06

Key Points

• Inv Vk Tr Inv (VGM) declared a monthly dividend of $0.0646 per share, payable April 30 to shareholders of record on April 14 (ex-dividend date April 14), implying an annualized yield of about 7.5%.
• Invesco Trust for Investment Grade Municipals is a closed‑ended fixed‑income fund focused on investment‑grade municipal securities; shares trade around $10.30 (50/200‑day MAs ≈ $10.28/$10.25) with a 52‑week range of $9.32–$10.66, about 38.13% institutional ownership, and several firms recently added or increased positions.

Inv Vk Tr Inv (NYSE:VGM - Get Free Report) declared a monthly dividend on Wednesday, April 1st. Shareholders of record on Tuesday, April 14th will be paid a dividend of 0.0646 per share by the investment management company on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date is Tuesday, April 14th.

Inv Vk Tr Inv Trading Up 0.3%

Shares of VGM opened at $10.30 on Friday. The business's fifty day moving average price is $10.28 and its two-hundred day moving average price is $10.25. Inv Vk Tr Inv has a 52 week low of $9.32 and a 52 week high of $10.66.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC acquired a new position in shares of Inv Vk Tr Inv in the 3rd quarter valued at $30,000. Comerica Bank lifted its stake in shares of Inv Vk Tr Inv by 85.2% in the 4th quarter. Comerica Bank now owns 5,370 shares of the investment management company's stock valued at $56,000 after purchasing an additional 2,470 shares during the period. Allworth Financial LP lifted its stake in shares of Inv Vk Tr Inv by 727.9% in the 4th quarter. Allworth Financial LP now owns 5,688 shares of the investment management company's stock valued at $59,000 after purchasing an additional 5,001 shares during the period. Camelot Portfolios LLC acquired a new position in shares of Inv Vk Tr Inv in the 4th quarter valued at $103,000. Finally, Concurrent Investment Advisors LLC lifted its stake in shares of Inv Vk Tr Inv by 24.3% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 12,805 shares of the investment management company's stock valued at $130,000 after purchasing an additional 2,500 shares during the period. 38.13% of the stock is currently owned by institutional investors.

About Inv Vk Tr Inv

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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.

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