Alpine Global Management LLC Takes $619,000 Position in Inv Vk Invt Ny $VTN

Alpine Global Management LLC acquired a new position in shares of Inv Vk Invt Ny (NYSE:VTN) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 56,177 shares of the investment management company’s stock, valued at approximately $619,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fingerlakes Wealth Management Inc. purchased a new position in Inv Vk Invt Ny in the third quarter valued at $111,000. Horizon Kinetics Asset Management LLC lifted its holdings in Inv Vk Invt Ny by 17.9% during the 2nd quarter. Horizon Kinetics Asset Management LLC now owns 12,274 shares of the investment management company’s stock worth $128,000 after buying an additional 1,860 shares during the last quarter. Susquehanna International Group LLP boosted its position in shares of Inv Vk Invt Ny by 17.6% during the 3rd quarter. Susquehanna International Group LLP now owns 12,425 shares of the investment management company’s stock worth $137,000 after acquiring an additional 1,861 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Inv Vk Invt Ny by 6.8% during the 2nd quarter. Bank of America Corp DE now owns 112,148 shares of the investment management company’s stock worth $1,171,000 after acquiring an additional 7,184 shares in the last quarter. Finally, North Ground Capital increased its holdings in shares of Inv Vk Invt Ny by 73.6% in the 3rd quarter. North Ground Capital now owns 106,729 shares of the investment management company’s stock valued at $1,176,000 after acquiring an additional 45,256 shares during the last quarter. Institutional investors and hedge funds own 34.87% of the company’s stock.

Inv Vk Invt Ny Price Performance

Shares of NYSE VTN opened at $11.41 on Wednesday. The stock’s 50-day simple moving average is $11.59 and its 200-day simple moving average is $11.29. Inv Vk Invt Ny has a fifty-two week low of $9.49 and a fifty-two week high of $12.10.

Inv Vk Invt Ny Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a $0.0685 dividend. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Monday, March 16th.

About Inv Vk Invt Ny

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. The fund primarily invests in investment grade New York municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.