Invesco Trust for Investment Grade New York Municipals (NYSE:VTN – Get Free Report) major shareholder Saba Capital Management, L.P. sold 9,640 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $11.59, for a total value of $111,727.60. Following the completion of the sale, the insider now owns 2,748,018 shares in the company, valued at approximately $31,849,528.62. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Invesco Trust for Investment Grade New York Municipals Trading Down 0.4 %
VTN opened at $11.44 on Friday. Invesco Trust for Investment Grade New York Municipals has a one year low of $8.49 and a one year high of $11.68. The business’s fifty day moving average is $11.40 and its two-hundred day moving average is $11.06.
Invesco Trust for Investment Grade New York Municipals Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 16th will be given a $0.0685 dividend. The ex-dividend date of this dividend is Wednesday, October 16th. This represents a $0.82 annualized dividend and a dividend yield of 7.19%.
Institutional Investors Weigh In On Invesco Trust for Investment Grade New York Municipals
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.
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