Balyasny Asset Management L.P. Buys Shares of 19,441 Invesco Trust for Investment Grade New York Municipals (NYSE:VTN)

Balyasny Asset Management L.P. purchased a new position in shares of Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,441 shares of the investment management company’s stock, valued at approximately $204,000. Balyasny Asset Management L.P. owned approximately 0.10% of Invesco Trust for Investment Grade New York Municipals as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Hennion & Walsh Asset Management Inc. raised its position in Invesco Trust for Investment Grade New York Municipals by 2.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 153,293 shares of the investment management company’s stock worth $1,605,000 after purchasing an additional 3,075 shares during the last quarter. Stifel Financial Corp raised its position in shares of Invesco Trust for Investment Grade New York Municipals by 19.4% during the fourth quarter. Stifel Financial Corp now owns 45,616 shares of the investment management company’s stock worth $478,000 after purchasing an additional 7,418 shares during the period. Raymond James Financial Inc. bought a new position in shares of Invesco Trust for Investment Grade New York Municipals in the fourth quarter valued at $112,000. PFG Investments LLC bought a new position in Invesco Trust for Investment Grade New York Municipals in the 4th quarter valued at about $112,000. Finally, Walleye Capital LLC purchased a new position in shares of Invesco Trust for Investment Grade New York Municipals during the fourth quarter valued at approximately $115,000. Institutional investors and hedge funds own 34.87% of the company’s stock.

Invesco Trust for Investment Grade New York Municipals Price Performance

NYSE VTN opened at $10.35 on Monday. The business has a fifty day simple moving average of $10.30 and a 200 day simple moving average of $10.62. Invesco Trust for Investment Grade New York Municipals has a 12 month low of $9.49 and a 12 month high of $11.68.

Invesco Trust for Investment Grade New York Municipals Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be paid a $0.0685 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.82 annualized dividend and a dividend yield of 7.95%.

About Invesco Trust for Investment Grade New York Municipals

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.