National Planning Corp continued to hold its stake in Invesco Trust for Investment Grade Municipals (NYSE:VGM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 63,500 shares of the investment management company’s stock at the end of the second quarter. National Planning Corp’s holdings in Invesco Trust for Investment Grade Municipals were worth $855,000 as of its most recent SEC filing.

Separately, Cutler Capital Management LLC increased its stake in Invesco Trust for Investment Grade Municipals by 5.9% in the second quarter. Cutler Capital Management LLC now owns 64,126 shares of the investment management company’s stock worth $860,000 after buying an additional 3,561 shares in the last quarter. 11.44% of the stock is owned by institutional investors and hedge funds.

Shares of Invesco Trust for Investment Grade Municipals (VGM) opened at 13.47 on Friday. The stock’s 50 day moving average is $13.50 and its 200-day moving average is $13.18. Invesco Trust for Investment Grade Municipals has a one year low of $12.34 and a one year high of $14.48.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Friday, August 11th will be given a $0.0636 dividend. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.67%.

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Invesco Trust for Investment Grade Municipals Company Profile

Invesco Van Kampen Trust For Investment Grade Municipals (the Trust), formerly Invesco Trust for Investment Grade Municipals, is a diversified, closed-end management investment trust. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital.

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

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