Inv Vk Tr Inv $VGM Shares Sold by Truist Financial Corp

Truist Financial Corp trimmed its stake in Inv Vk Tr Inv (NYSE:VGM) by 10.7% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 645,990 shares of the investment management company’s stock after selling 77,274 shares during the quarter. Truist Financial Corp owned approximately 1.19% of Inv Vk Tr Inv worth $6,537,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. WMG Financial Advisors LLC acquired a new stake in shares of Inv Vk Tr Inv in the 2nd quarter worth about $104,000. Concurrent Investment Advisors LLC grew its position in Inv Vk Tr Inv by 24.3% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 12,805 shares of the investment management company’s stock worth $130,000 after purchasing an additional 2,500 shares during the last quarter. Permanent Capital Management LP acquired a new stake in shares of Inv Vk Tr Inv in the third quarter valued at approximately $142,000. Capital Investment Advisors LLC raised its holdings in shares of Inv Vk Tr Inv by 11.5% during the third quarter. Capital Investment Advisors LLC now owns 14,555 shares of the investment management company’s stock valued at $147,000 after buying an additional 1,500 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC acquired a new position in shares of Inv Vk Tr Inv during the second quarter worth approximately $169,000. Institutional investors and hedge funds own 38.13% of the company’s stock.

Inv Vk Tr Inv Price Performance

Shares of VGM stock opened at $10.27 on Tuesday. Inv Vk Tr Inv has a 12-month low of $9.28 and a 12-month high of $10.54. The business has a 50 day simple moving average of $10.32 and a 200 day simple moving average of $10.04.

Inv Vk Tr Inv Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be issued a dividend of $0.0646 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, February 17th.

Inv Vk Tr Inv Company Profile

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.