Invesco Trust for Investment Grade Municipals (NYSE:VGM - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 352,736 shares were traded during mid-day trading, an increase of 99% from the previous session's volume of 177,455 shares.The stock last traded at $9.63 and had previously closed at $9.60.
Invesco Trust for Investment Grade Municipals Stock Down 0.5%
The business has a fifty day moving average price of $9.65 and a two-hundred day moving average price of $9.97.
Invesco Trust for Investment Grade Municipals Dividend Announcement
The firm also recently declared a monthly dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 16th were given a dividend of $0.0646 per share. This represents a $0.78 dividend on an annualized basis and a yield of 8.06%. The ex-dividend date was Friday, May 16th.
Institutional Trading of Invesco Trust for Investment Grade Municipals
Hedge funds and other institutional investors have recently made changes to their positions in the business. Mountain Hill Investment Partners Corp. acquired a new stake in shares of Invesco Trust for Investment Grade Municipals during the 4th quarter worth approximately $71,000. Anderson Financial Strategies LLC purchased a new position in shares of Invesco Trust for Investment Grade Municipals during the 4th quarter valued at approximately $128,000. Calton & Associates Inc. acquired a new stake in Invesco Trust for Investment Grade Municipals in the 1st quarter valued at $132,000. Nomura Holdings Inc. acquired a new stake in Invesco Trust for Investment Grade Municipals in the 4th quarter valued at $141,000. Finally, Janney Montgomery Scott LLC purchased a new stake in Invesco Trust for Investment Grade Municipals in the 4th quarter worth $150,000. Institutional investors and hedge funds own 38.13% of the company's stock.
About Invesco Trust for Investment Grade Municipals
(
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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.
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