Invesco Trust for Investment Grade New York Municipals (NYSE:VTN – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $11.10 and traded as high as $11.59. Invesco Trust for Investment Grade New York Municipals shares last traded at $11.52, with a volume of 59,800 shares.
Invesco Trust for Investment Grade New York Municipals Stock Performance
The company has a 50 day simple moving average of $11.43 and a two-hundred day simple moving average of $11.10.
Invesco Trust for Investment Grade New York Municipals Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th will be issued a dividend of $0.0685 per share. The ex-dividend date of this dividend is Wednesday, October 16th. This represents a $0.82 annualized dividend and a dividend yield of 7.14%.
Insider Buying and Selling
Institutional Investors Weigh In On Invesco Trust for Investment Grade New York Municipals
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Whitebox Advisors LLC boosted its stake in Invesco Trust for Investment Grade New York Municipals by 228.9% during the 2nd quarter. Whitebox Advisors LLC now owns 120,354 shares of the investment management company’s stock valued at $1,353,000 after purchasing an additional 83,766 shares during the period. Sanders Morris Harris LLC acquired a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the first quarter worth $419,000. Joseph P. Lucia & Associates LLC bought a new position in Invesco Trust for Investment Grade New York Municipals during the second quarter worth $127,000. Nomura Holdings Inc. acquired a new position in Invesco Trust for Investment Grade New York Municipals during the 4th quarter valued at $113,000. Finally, Hennion & Walsh Asset Management Inc. boosted its holdings in Invesco Trust for Investment Grade New York Municipals by 3.0% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 227,802 shares of the investment management company’s stock valued at $2,560,000 after purchasing an additional 6,684 shares during the period. 34.87% of the stock is owned by institutional investors and hedge funds.
Invesco Trust for Investment Grade New York Municipals Company Profile
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.
Read More
- Five stocks we like better than Invesco Trust for Investment Grade New York Municipals
- Most Volatile Stocks, What Investors Need to Know
- Goldman Sachs Earnings Reveal Market Moves Investors Can’t Ignore
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- AMD Gains Momentum With AI: Can It Beat Expectations?
- What is a Dividend King?
- Lithium Grab: 2 Lithium Stocks That Could Be Takeover Targets
Receive News & Ratings for Invesco Trust for Investment Grade New York Municipals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Trust for Investment Grade New York Municipals and related companies with MarketBeat.com's FREE daily email newsletter.