Wealth Alliance Advisory Group LLC Trims Position in Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Wealth Alliance Advisory Group LLC lessened its holdings in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 7.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,737 shares of the investment management company’s stock after selling 1,200 shares during the quarter. Wealth Alliance Advisory Group LLC’s holdings in Invesco Trust for Investment Grade Municipals were worth $159,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Pathstone Holdings LLC boosted its position in shares of Invesco Trust for Investment Grade Municipals by 27.3% during the third quarter. Pathstone Holdings LLC now owns 764,291 shares of the investment management company’s stock worth $8,071,000 after acquiring an additional 163,705 shares during the last quarter. Leo Wealth LLC increased its position in Invesco Trust for Investment Grade Municipals by 11.5% during the third quarter. Leo Wealth LLC now owns 218,123 shares of the investment management company’s stock valued at $2,303,000 after acquiring an additional 22,415 shares during the last quarter. Melone Private Wealth LLC grew its holdings in Invesco Trust for Investment Grade Municipals by 1.6% during the 4th quarter. Melone Private Wealth LLC now owns 174,333 shares of the investment management company’s stock valued at $1,761,000 after purchasing an additional 2,684 shares during the last quarter. Indiana Trust & Investment Management Co raised its holdings in shares of Invesco Trust for Investment Grade Municipals by 1.2% in the third quarter. Indiana Trust & Investment Management Co now owns 172,492 shares of the investment management company’s stock worth $1,822,000 after buying an additional 2,112 shares during the period. Finally, Stifel Financial Corp lifted its position in shares of Invesco Trust for Investment Grade Municipals by 1.1% during the third quarter. Stifel Financial Corp now owns 167,271 shares of the investment management company’s stock worth $1,766,000 after purchasing an additional 1,896 shares during the last quarter. Institutional investors own 38.13% of the company’s stock.

Invesco Trust for Investment Grade Municipals Trading Down 0.2 %

Shares of NYSE VGM opened at $10.12 on Friday. Invesco Trust for Investment Grade Municipals has a 52-week low of $9.47 and a 52-week high of $10.70. The stock has a 50 day moving average price of $10.17 and a 200 day moving average price of $10.31.

Invesco Trust for Investment Grade Municipals Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Friday, January 17th will be issued a dividend of $0.0646 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a $0.78 annualized dividend and a dividend yield of 7.66%.

Invesco Trust for Investment Grade Municipals Company 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.