Bessemer Group Inc. Acquires Shares of 15,825 Inv Vk Tr Inv (NYSE:VGM)

Bessemer Group Inc. acquired a new stake in Inv Vk Tr Inv (NYSE:VGM) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 15,825 shares of the investment management company’s stock, valued at approximately $158,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VGM. Raymond James Financial Inc. purchased a new position in shares of Inv Vk Tr Inv during the 4th quarter worth $2,110,000. Permanent Capital Management LP purchased a new position in shares of Inv Vk Tr Inv during the 4th quarter worth $154,000. Harbour Investments Inc. raised its holdings in shares of Inv Vk Tr Inv by 30.7% during the 4th quarter. Harbour Investments Inc. now owns 21,679 shares of the investment management company’s stock worth $219,000 after acquiring an additional 5,093 shares during the period. LPL Financial LLC raised its holdings in shares of Inv Vk Tr Inv by 143.4% during the 4th quarter. LPL Financial LLC now owns 361,472 shares of the investment management company’s stock worth $3,651,000 after acquiring an additional 212,940 shares during the period. Finally, Mountain Hill Investment Partners Corp. purchased a new position in shares of Inv Vk Tr Inv during the 4th quarter worth $71,000. Hedge funds and other institutional investors own 38.13% of the company’s stock.

Inv Vk Tr Inv Trading Down 0.2%

NYSE VGM opened at $9.57 on Friday. Inv Vk Tr Inv has a 52 week low of $9.28 and a 52 week high of $10.70. The business’s fifty day simple moving average is $9.57 and its 200-day simple moving average is $9.84.

Inv Vk Tr Inv Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Wednesday, July 16th will be issued a dividend of $0.0646 per share. The ex-dividend date of this dividend is Wednesday, July 16th. This represents a $0.78 annualized dividend and a dividend yield of 8.10%.

About Inv Vk Tr Inv

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.