Oppenheimer & Co. Inc. Has $133,000 Stake in Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Oppenheimer & Co. Inc. decreased its stake in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 45.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 13,167 shares of the investment management company’s stock after selling 11,000 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco Trust for Investment Grade Municipals were worth $133,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Stifel Financial Corp increased its holdings in shares of Invesco Trust for Investment Grade Municipals by 1.1% during the 3rd quarter. Stifel Financial Corp now owns 167,271 shares of the investment management company’s stock valued at $1,766,000 after acquiring an additional 1,896 shares during the last quarter. HighTower Advisors LLC bought a new stake in Invesco Trust for Investment Grade Municipals during the 3rd quarter valued at approximately $429,000. Van ECK Associates Corp increased its position in Invesco Trust for Investment Grade Municipals by 3.1% in the 4th quarter. Van ECK Associates Corp now owns 406,392 shares of the investment management company’s stock worth $4,105,000 after buying an additional 12,316 shares during the period. Leo Wealth LLC increased its position in Invesco Trust for Investment Grade Municipals by 1.6% in the 4th quarter. Leo Wealth LLC now owns 221,650 shares of the investment management company’s stock worth $2,239,000 after buying an additional 3,527 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in Invesco Trust for Investment Grade Municipals in the 4th quarter worth approximately $150,000. Institutional investors and hedge funds own 38.13% of the company’s stock.

Invesco Trust for Investment Grade Municipals Stock Down 0.2 %

Shares of NYSE VGM opened at $10.13 on Monday. The business’s 50 day moving average is $10.13 and its two-hundred day moving average is $10.27. Invesco Trust for Investment Grade Municipals has a 12 month low of $9.47 and a 12 month high of $10.70.

Invesco Trust for Investment Grade Municipals Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a $0.0646 dividend. This represents a $0.78 annualized dividend and a yield of 7.65%. The ex-dividend date is Monday, March 17th.

About Invesco Trust for Investment Grade Municipals

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.