Inv Vk Tr Inv $VGM Stock Position Reduced by Truist Financial Corp

Truist Financial Corp decreased its position in Inv Vk Tr Inv (NYSE:VGM) by 42.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 371,022 shares of the investment management company’s stock after selling 274,968 shares during the quarter. Truist Financial Corp owned 0.68% of Inv Vk Tr Inv worth $3,848,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Advisory Services Network LLC bought a new position in Inv Vk Tr Inv during the third quarter worth $30,000. Comerica Bank raised its holdings in shares of Inv Vk Tr Inv by 85.2% during the fourth quarter. Comerica Bank now owns 5,370 shares of the investment management company’s stock worth $56,000 after purchasing an additional 2,470 shares during the period. Camelot Portfolios LLC bought a new position in shares of Inv Vk Tr Inv in the 4th quarter worth about $103,000. Concurrent Investment Advisors LLC lifted its position in shares of 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 buying an additional 2,500 shares during the last quarter. Finally, Capital Investment Advisors LLC boosted its holdings in shares of Inv Vk Tr Inv by 11.5% in the 3rd 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 period. 38.13% of the stock is currently owned by institutional investors.

Inv Vk Tr Inv Stock Down 0.2%

Shares of NYSE:VGM opened at $10.42 on Tuesday. Inv Vk Tr Inv has a fifty-two week low of $9.37 and a fifty-two week high of $10.66. The firm has a 50-day simple moving average of $10.20 and a 200 day simple moving average of $10.27.

Inv Vk Tr Inv Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 14th will be paid a $0.0646 dividend. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Thursday, May 14th.

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.