Truist Financial Corp Has $7.38 Million Stock Holdings in Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Truist Financial Corp cut its holdings in Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 3.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 730,429 shares of the investment management company’s stock after selling 23,360 shares during the quarter. Truist Financial Corp’s holdings in Invesco Trust for Investment Grade Municipals were worth $7,377,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Pathstone Holdings LLC raised its holdings in Invesco Trust for Investment Grade Municipals by 27.3% in the 3rd 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 period. Van ECK Associates Corp raised its stake in Invesco Trust for Investment Grade Municipals by 3.1% during the 4th quarter. Van ECK Associates Corp now owns 406,392 shares of the investment management company’s stock valued at $4,105,000 after purchasing an additional 12,316 shares during the last quarter. Leo Wealth LLC boosted its holdings in Invesco Trust for Investment Grade Municipals by 1.6% in the 4th quarter. Leo Wealth LLC now owns 221,650 shares of the investment management company’s stock valued at $2,239,000 after purchasing an additional 3,527 shares during the period. Indiana Trust & Investment Management Co boosted its holdings in Invesco Trust for Investment Grade Municipals by 1.9% in the 4th quarter. Indiana Trust & Investment Management Co now owns 175,690 shares of the investment management company’s stock valued at $1,774,000 after purchasing an additional 3,198 shares during the period. Finally, Melone Private Wealth LLC boosted its holdings in Invesco Trust for Investment Grade Municipals by 1.6% in 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 period. 38.13% of the stock is currently owned by institutional investors and hedge funds.

Invesco Trust for Investment Grade Municipals Price Performance

Shares of Invesco Trust for Investment Grade Municipals stock opened at $10.17 on Friday. Invesco Trust for Investment Grade Municipals has a fifty-two week low of $9.47 and a fifty-two week high of $10.70. The firm has a fifty day moving average price of $10.07 and a two-hundred day moving average price of $10.28.

Invesco Trust for Investment Grade Municipals Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a $0.0646 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 7.63%. The ex-dividend date is Tuesday, February 18th.

About Invesco Trust for Investment Grade Municipals

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.