Van ECK Associates Corp lessened its stake in Invesco Trust for Investment Grade Municipals (NYSE:VGM – Free Report) by 7.7% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 396,714 shares of the investment management company’s stock after selling 32,992 shares during the quarter. Van ECK Associates Corp’s holdings in Invesco Trust for Investment Grade Municipals were worth $4,074,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Gridiron Partners LLC bought a new position in shares of Invesco Trust for Investment Grade Municipals in the fourth quarter valued at approximately $1,582,000. Summit Trail Advisors LLC purchased a new stake in Invesco Trust for Investment Grade Municipals in the fourth quarter worth $209,000. Catalytic Wealth RIA LLC purchased a new stake in Invesco Trust for Investment Grade Municipals in the fourth quarter worth $292,000. Robinson Capital Management LLC increased its position in Invesco Trust for Investment Grade Municipals by 29.9% in the fourth quarter. Robinson Capital Management LLC now owns 586,706 shares of the investment management company’s stock worth $5,767,000 after buying an additional 135,096 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its position in Invesco Trust for Investment Grade Municipals by 5.8% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 56,535 shares of the investment management company’s stock worth $581,000 after buying an additional 3,099 shares during the last quarter. Institutional investors own 38.13% of the company’s stock.
Invesco Trust for Investment Grade Municipals Price Performance
NYSE:VGM opened at $10.42 on Thursday. The business has a fifty day simple moving average of $10.34 and a two-hundred day simple moving average of $10.02. Invesco Trust for Investment Grade Municipals has a 1 year low of $8.15 and a 1 year high of $10.52.
Invesco Trust for Investment Grade Municipals Announces Dividend
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.
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