Private Advisor Group LLC Purchases Shares of 78,537 Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Private Advisor Group LLC purchased a new position in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGMFree Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 78,537 shares of the investment management company’s stock, valued at approximately $781,000. Private Advisor Group LLC owned about 0.14% of Invesco Trust for Investment Grade Municipals as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Sit Investment Associates Inc. grew its position in Invesco Trust for Investment Grade Municipals by 11.9% during the 4th quarter. Sit Investment Associates Inc. now owns 1,897,604 shares of the investment management company’s stock worth $19,071,000 after purchasing an additional 201,275 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in Invesco Trust for Investment Grade Municipals in the 1st quarter worth $151,000. Leo Brokerage LLC acquired a new stake in Invesco Trust for Investment Grade Municipals during the 1st quarter worth about $1,376,000. Mercer Global Advisors Inc. ADV grew its stake in Invesco Trust for Investment Grade Municipals by 23.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 14,994 shares of the investment management company’s stock valued at $151,000 after purchasing an additional 2,800 shares during the last quarter. Finally, Dakota Wealth Management acquired a new position in shares of Invesco Trust for Investment Grade Municipals in the fourth quarter valued at about $546,000. Institutional investors and hedge funds own 30.66% of the company’s stock.

Invesco Trust for Investment Grade Municipals Stock Down 0.2 %

Invesco Trust for Investment Grade Municipals stock opened at $9.29 on Thursday. The stock has a 50-day moving average price of $9.59 and a 200 day moving average price of $9.70. Invesco Trust for Investment Grade Municipals has a 52 week low of $9.00 and a 52 week high of $10.55.

Invesco Trust for Investment Grade Municipals Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.0361 per share. This represents a $0.43 annualized dividend and a yield of 4.67%. The ex-dividend date is Monday, August 14th.

About Invesco Trust for Investment Grade Municipals

(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.

See Also

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

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