Doyle Wealth Management Takes Position in Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Doyle Wealth Management bought a new stake in Invesco Trust for Investment Grade Municipals (NYSE:VGMGet Rating) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm bought 48,344 shares of the investment management company’s stock, valued at approximately $562,000. Doyle Wealth Management owned 0.09% of Invesco Trust for Investment Grade Municipals as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Moors & Cabot Inc. bought a new position in shares of Invesco Trust for Investment Grade Municipals in the 1st quarter valued at $383,000. High Note Wealth LLC bought a new stake in shares of Invesco Trust for Investment Grade Municipals during the 1st quarter valued at approximately $566,000. Sit Investment Associates Inc. increased its position in Invesco Trust for Investment Grade Municipals by 1.1% during the 1st quarter. Sit Investment Associates Inc. now owns 882,091 shares of the investment management company’s stock worth $10,250,000 after purchasing an additional 10,000 shares in the last quarter. Running Point Capital Advisors LLC bought a new position in Invesco Trust for Investment Grade Municipals in the 1st quarter valued at approximately $232,000. Finally, Private Advisor Group LLC acquired a new stake in Invesco Trust for Investment Grade Municipals in the first quarter valued at approximately $320,000. 21.71% of the stock is owned by institutional investors.

Invesco Trust for Investment Grade Municipals Trading Down 0.5 %

Shares of NYSE:VGM opened at $10.21 on Friday. Invesco Trust for Investment Grade Municipals has a 52-week low of $9.91 and a 52-week high of $14.36. The company has a fifty day moving average of $10.68 and a 200-day moving average of $10.93.

Invesco Trust for Investment Grade Municipals Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, September 30th. Stockholders of record on Thursday, September 15th will be issued a dividend of $0.0459 per share. This represents a $0.55 annualized dividend and a dividend yield of 5.39%. The ex-dividend date is Wednesday, September 14th.

Invesco Trust for Investment Grade Municipals Profile

(Get Rating)

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.

Recommended Stories

Institutional Ownership by Quarter for Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Receive News & Ratings for Invesco Trust for Investment Grade 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 Municipals and related companies with MarketBeat.com's FREE daily email newsletter.