Invesco Trust for Investment Grade New York Municipals (NYSE:VTN - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.47 and traded as low as $10.11. Invesco Trust for Investment Grade New York Municipals shares last traded at $10.14, with a volume of 8,659 shares changing hands.
Invesco Trust for Investment Grade New York Municipals Price Performance
The firm's fifty day simple moving average is $10.16 and its 200-day simple moving average is $10.47.
Invesco Trust for Investment Grade New York Municipals Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 17th will be issued a $0.0685 dividend. This represents a $0.82 annualized dividend and a dividend yield of 8.11%. The ex-dividend date is Tuesday, June 17th.
Institutional Trading of Invesco Trust for Investment Grade New York Municipals
Several institutional investors and hedge funds have recently modified their holdings of VTN. Raymond James Financial Inc. purchased a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the fourth quarter valued at about $112,000. Walleye Capital LLC purchased a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the fourth quarter valued at about $115,000. Wolverine Asset Management LLC lifted its holdings in shares of Invesco Trust for Investment Grade New York Municipals by 1,314.1% in 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 in the last quarter. Cary Street Partners Financial LLC purchased a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the fourth quarter valued at about $153,000. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the first quarter valued at about $187,000. Hedge funds and other institutional investors own 34.87% of the company's stock.
About Invesco Trust for Investment Grade New York Municipals
(
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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.
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