Wolverine Asset Management LLC Sells 22,096 Shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Wolverine Asset Management LLC lessened its stake in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 77.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 6,494 shares of the investment management company’s stock after selling 22,096 shares during the period. Wolverine Asset Management LLC’s holdings in Invesco Trust for Investment Grade Municipals were worth $64,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VGM. Private Trust Co. NA bought a new stake in shares of Invesco Trust for Investment Grade Municipals during the 4th quarter worth approximately $75,000. Capital Investment Advisors LLC acquired a new stake in Invesco Trust for Investment Grade Municipals in the fourth quarter valued at $103,000. Kingswood Wealth Advisors LLC bought a new position in shares of Invesco Trust for Investment Grade Municipals in the 4th quarter valued at about $103,000. WealthBridge Capital Management LLC grew its position in shares of Invesco Trust for Investment Grade Municipals by 29.7% in the 3rd quarter. WealthBridge Capital Management LLC now owns 18,325 shares of the investment management company’s stock valued at $156,000 after acquiring an additional 4,200 shares during the period. Finally, Oppenheimer & Co. Inc. increased its stake in shares of Invesco Trust for Investment Grade Municipals by 19.5% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 22,125 shares of the investment management company’s stock worth $188,000 after purchasing an additional 3,607 shares during the last quarter. 38.13% of the stock is owned by institutional investors and hedge funds.

Invesco Trust for Investment Grade Municipals Stock Up 0.1 %

Shares of VGM stock opened at $9.51 on Monday. Invesco Trust for Investment Grade Municipals has a 52-week low of $8.15 and a 52-week high of $10.04. The firm’s 50-day moving average is $9.76 and its 200-day moving average is $9.52.

Invesco Trust for Investment Grade Municipals Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be given a $0.0388 dividend. The ex-dividend date is Monday, April 15th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 4.90%.

Invesco Trust for Investment Grade Municipals Profile

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.