6,832 Shares in Invesco Trust for Investment Grade Municipals (NYSE:VGM) Purchased by Wolverine Asset Management LLC

Wolverine Asset Management LLC purchased a new stake in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGMGet Rating) in the 1st quarter, Holdings Channel reports. The fund purchased 6,832 shares of the investment management company’s stock, valued at approximately $79,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VGM. International Assets Investment Management LLC bought a new stake in shares of Invesco Trust for Investment Grade Municipals during the fourth quarter worth $148,000. Commonwealth Equity Services LLC grew its holdings in Invesco Trust for Investment Grade Municipals by 93.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 72,719 shares of the investment management company’s stock worth $1,015,000 after acquiring an additional 35,191 shares during the last quarter. Concourse Financial Group Securities Inc. increased its position in Invesco Trust for Investment Grade Municipals by 33.5% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 3,684 shares of the investment management company’s stock valued at $51,000 after acquiring an additional 924 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Invesco Trust for Investment Grade Municipals by 2.3% in the fourth quarter. First Trust Advisors LP now owns 111,315 shares of the investment management company’s stock worth $1,555,000 after acquiring an additional 2,548 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Invesco Trust for Investment Grade Municipals by 7.4% during the fourth quarter. Bank of America Corp DE now owns 413,730 shares of the investment management company’s stock worth $5,779,000 after purchasing an additional 28,513 shares in the last quarter. 23.63% of the stock is currently owned by institutional investors and hedge funds.

Invesco Trust for Investment Grade Municipals Price Performance

VGM opened at $11.04 on Thursday. The company’s 50 day simple moving average is $10.64 and its 200-day simple moving average is $11.25. Invesco Trust for Investment Grade Municipals has a one year low of $9.91 and a one year high of $14.36.

Invesco Trust for Investment Grade Municipals Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, August 31st. Stockholders of record on Monday, August 15th will be paid a $0.0459 dividend. The ex-dividend date of this dividend is Friday, August 12th. This represents a $0.55 annualized dividend and a dividend yield of 4.99%.

Invesco Trust for Investment Grade Municipals Company Profile

(Get Rating)

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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Institutional Ownership by Quarter for Invesco Trust for Investment Grade Municipals (NYSE:VGM)

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