Inv Vk Invt Ny (VTN) to Issue Monthly Dividend of $0.07 on August 31st

Inv Vk Invt Ny (NYSE:VTN) declared a monthly dividend on Monday, August 3rd. Investors of record on Monday, August 17th will be paid a dividend of 0.0685 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Monday, August 17th.

Inv Vk Invt Ny Stock Down 0.4%

Shares of Inv Vk Invt Ny stock opened at $11.21 on Friday. Inv Vk Invt Ny has a 12-month low of $10.00 and a 12-month high of $12.10. The stock has a 50 day moving average price of $11.27 and a two-hundred day moving average price of $11.27.

Hedge Funds Weigh In On Inv Vk Invt Ny

A number of institutional investors have recently added to or reduced their stakes in the stock. Danske Bank A S acquired a new position in Inv Vk Invt Ny during the 2nd quarter worth approximately $33,629,000. Plato Investment Management Ltd purchased a new stake in Inv Vk Invt Ny in the second quarter worth $1,190,000. Guggenheim Capital LLC increased its position in Inv Vk Invt Ny by 9.8% during the 4th quarter. Guggenheim Capital LLC now owns 254,899 shares of the investment management company’s stock valued at $2,934,000 after buying an additional 22,686 shares in the last quarter. &PARTNERS purchased a new stake in Inv Vk Invt Ny in the fourth quarter worth approximately $147,000. Finally, Royal Bank of Canada lifted its holdings in Inv Vk Invt Ny by 7.5% during the fourth quarter. Royal Bank of Canada now owns 170,015 shares of the investment management company’s stock valued at $1,957,000 after purchasing an additional 11,900 shares in the last quarter. 34.87% of the stock is currently owned by institutional investors and hedge funds.

About Inv Vk Invt Ny

Invesco Trust for Investment Grade New York 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 New York municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.