Quarry LP Takes $327,000 Position in Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Quarry LP bought a new stake in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) in the 2nd quarter, Holdings Channel.com reports. The firm bought 31,800 shares of the investment management company’s stock, valued at approximately $327,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Almitas Capital LLC acquired a new position in shares of Invesco Trust for Investment Grade Municipals in the 2nd quarter worth $129,000. Blue Bell Private Wealth Management LLC bought a new stake in Invesco Trust for Investment Grade Municipals in the second quarter worth approximately $158,000. Rothschild Investment LLC bought a new position in Invesco Trust for Investment Grade Municipals during the second quarter valued at about $1,297,000. Allspring Global Investments Holdings LLC lifted its holdings in Invesco Trust for Investment Grade Municipals by 80.8% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 445,360 shares of the investment management company’s stock worth $4,574,000 after purchasing an additional 198,972 shares during the last quarter. Finally, All Season Financial Advisors Inc. acquired a new stake in shares of Invesco Trust for Investment Grade Municipals in the second quarter worth $161,000. 38.13% of the stock is currently owned by institutional investors.

Invesco Trust for Investment Grade Municipals Stock Up 0.2 %

Shares of NYSE:VGM opened at $10.49 on Monday. The stock’s 50-day moving average is $10.41 and its 200-day moving average is $10.10. Invesco Trust for Investment Grade Municipals has a 52-week low of $8.15 and a 52-week high of $10.70.

Invesco Trust for Investment Grade Municipals Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 17th will be paid a $0.0646 dividend. The ex-dividend date is Tuesday, September 17th. This represents a $0.78 annualized dividend and a dividend yield of 7.39%.

Invesco Trust for Investment Grade Municipals 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.