Invesco Trust for Investment Grade Municipals (NYSE:VGM) Shares Sold by Capital Investment Advisors LLC

Capital Investment Advisors LLC lowered its position in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGMGet Rating) by 14.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,655 shares of the investment management company’s stock after selling 1,770 shares during the quarter. Capital Investment Advisors LLC’s holdings in Invesco Trust for Investment Grade Municipals were worth $112,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Herold Advisors Inc. acquired a new stake in shares of Invesco Trust for Investment Grade Municipals in the first quarter valued at approximately $27,000. Wolverine Asset Management LLC acquired a new stake in shares of Invesco Trust for Investment Grade Municipals in the first quarter valued at approximately $79,000. Concourse Financial Group Securities Inc. increased its holdings in shares of Invesco Trust for Investment Grade Municipals by 198.6% in the first quarter. Concourse Financial Group Securities Inc. now owns 11,000 shares of the investment management company’s stock valued at $128,000 after purchasing an additional 7,316 shares during the last quarter. Wealth Alliance Advisory Group LLC grew its position in Invesco Trust for Investment Grade Municipals by 16.5% in the first quarter. Wealth Alliance Advisory Group LLC now owns 12,929 shares of the investment management company’s stock worth $150,000 after acquiring an additional 1,835 shares during the period. Finally, Virtu Financial LLC purchased a new position in Invesco Trust for Investment Grade Municipals in the first quarter worth approximately $172,000. Institutional investors and hedge funds own 21.71% of the company’s stock.

Invesco Trust for Investment Grade Municipals Trading Down 0.6 %

Shares of Invesco Trust for Investment Grade Municipals stock opened at $9.81 on Tuesday. Invesco Trust for Investment Grade Municipals has a fifty-two week low of $9.81 and a fifty-two week high of $14.36. The stock has a 50 day moving average of $10.62 and a 200 day moving average of $10.83.

Invesco Trust for Investment Grade Municipals Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be given a $0.0459 dividend. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $0.55 annualized dividend and a yield of 5.61%.

Invesco Trust for Investment Grade Municipals Company Profile

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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

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

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