Inv Vk Tr Inv (NYSE:VGM) Hits New 12-Month High – Here’s What Happened

Inv Vk Tr Inv (NYSE:VGM) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $10.46 and last traded at $10.4550, with a volume of 26491 shares trading hands. The stock had previously closed at $10.43.

Inv Vk Tr Inv Trading Up 0.2%

The stock has a 50-day simple moving average of $10.26 and a two-hundred day simple moving average of $9.94.

Inv Vk Tr Inv Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be paid a $0.0646 dividend. The ex-dividend date of this dividend is Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 7.4%.

Institutional Investors Weigh In On Inv Vk Tr Inv

Large investors have recently modified their holdings of the business. Melone Private Wealth LLC raised its stake in Inv Vk Tr Inv by 1.6% in the fourth quarter. Melone Private Wealth LLC now owns 195,377 shares of the investment management company’s stock worth $2,026,000 after buying an additional 3,067 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Inv Vk Tr Inv in the 3rd quarter valued at about $30,000. NewEdge Advisors LLC boosted its stake in Inv Vk Tr Inv by 86.7% in the third quarter. NewEdge Advisors LLC now owns 43,070 shares of the investment management company’s stock valued at $436,000 after acquiring an additional 20,000 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in Inv Vk Tr Inv by 32.9% in the third quarter. Mercer Global Advisors Inc. ADV now owns 90,513 shares of the investment management company’s stock valued at $916,000 after buying an additional 22,408 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in Inv Vk Tr Inv by 14.3% in the 3rd quarter. Bank of America Corp DE now owns 495,908 shares of the investment management company’s stock worth $5,019,000 after purchasing an additional 61,899 shares in the last quarter. Institutional investors own 38.13% of the company’s stock.

About Inv Vk Tr Inv

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