Tyche Wealth Partners LLC acquired a new stake in Invesco Trust for Investment Grade Municipals (NYSE:VGM - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 79,379 shares of the investment management company's stock, valued at approximately $785,000. Tyche Wealth Partners LLC owned about 0.15% of Invesco Trust for Investment Grade Municipals as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Captrust Financial Advisors purchased a new stake in shares of Invesco Trust for Investment Grade Municipals during the 2nd quarter worth approximately $30,000. Money Concepts Capital Corp purchased a new stake in shares of Invesco Trust for Investment Grade Municipals during the 4th quarter worth approximately $32,000. JPMorgan Chase & Co. purchased a new stake in shares of Invesco Trust for Investment Grade Municipals during the 1st quarter worth approximately $49,000. Private Trust Co. NA purchased a new stake in shares of Invesco Trust for Investment Grade Municipals during the 4th quarter worth approximately $75,000. Finally, Nomura Holdings Inc. purchased a new stake in shares of Invesco Trust for Investment Grade Municipals during the 1st quarter worth approximately $99,000. Hedge funds and other institutional investors own 38.13% of the company's stock.
Invesco Trust for Investment Grade Municipals Stock Up 0.2 %
VGM traded up $0.02 on Wednesday, hitting $9.53. The company's stock had a trading volume of 119,947 shares, compared to its average volume of 170,095. The company's 50 day simple moving average is $9.81 and its 200-day simple moving average is $9.46. Invesco Trust for Investment Grade Municipals has a 12 month low of $8.15 and a 12 month high of $10.04.
Invesco Trust for Investment Grade Municipals Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be issued a $0.0388 dividend. This represents a $0.47 annualized dividend and a yield of 4.89%. The ex-dividend date is Monday, April 15th.
Invesco Trust for Investment Grade Municipals Profile
(
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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