Inv Vk Tr Inv (NYSE:VGM) Announces $0.06 Monthly Dividend

Inv Vk Tr Inv (NYSE:VGM) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Monday, August 17th will be given a dividend of 0.0646 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Monday, August 17th.

Inv Vk Tr Inv Stock Performance

Shares of VGM opened at $10.15 on Tuesday. The company’s 50-day moving average price is $10.34 and its 200 day moving average price is $10.29. Inv Vk Tr Inv has a 12-month low of $9.48 and a 12-month high of $10.66.

Institutional Trading of Inv Vk Tr Inv

Hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC acquired a new stake in Inv Vk Tr Inv during the 3rd quarter worth approximately $30,000. Comerica Bank raised its holdings in Inv Vk Tr Inv by 85.2% in the fourth quarter. Comerica Bank now owns 5,370 shares of the investment management company’s stock valued at $56,000 after acquiring an additional 2,470 shares in the last quarter. Allworth Financial LP increased its position in shares of Inv Vk Tr Inv by 727.9% in the 4th quarter. Allworth Financial LP now owns 5,688 shares of the investment management company’s stock valued at $59,000 after purchasing an additional 5,001 shares during the last quarter. Fifth Third Bancorp acquired a new position in shares of Inv Vk Tr Inv during the first quarter worth $81,000. Finally, Camelot Portfolios LLC purchased a new stake in Inv Vk Tr Inv during the 4th quarter worth about $103,000. Institutional investors and hedge funds 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.