Invesco Trust for Investment Grade Municipals (NYSE:VGM - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $9.92 and traded as low as $9.47. Invesco Trust for Investment Grade Municipals shares last traded at $9.48, with a volume of 211,736 shares trading hands.
Invesco Trust for Investment Grade Municipals Stock Down 0.1%
The company's fifty day moving average is $9.58 and its two-hundred day moving average is $9.92.
Invesco Trust for Investment Grade Municipals Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th will be issued a dividend of $0.0646 per share. The ex-dividend date is Tuesday, June 17th. This represents a $0.78 dividend on an annualized basis and a yield of 8.18%.
Institutional Trading of Invesco Trust for Investment Grade Municipals
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mountain Hill Investment Partners Corp. acquired a new stake in Invesco Trust for Investment Grade Municipals during the fourth quarter worth approximately $71,000. Anderson Financial Strategies LLC acquired a new stake in Invesco Trust for Investment Grade Municipals during the fourth quarter worth approximately $128,000. Calton & Associates Inc. acquired a new stake in Invesco Trust for Investment Grade Municipals during the first quarter worth approximately $132,000. Nomura Holdings Inc. acquired a new stake in Invesco Trust for Investment Grade Municipals during the fourth quarter worth approximately $141,000. Finally, Permanent Capital Management LP acquired a new stake in Invesco Trust for Investment Grade Municipals during the fourth quarter worth approximately $154,000. Institutional investors and hedge funds own 38.13% of the company's stock.
About Invesco Trust for Investment Grade Municipals
(
Get Free Report)
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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