Claro Advisors LLC Grows Stock Position in Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Claro Advisors LLC grew its holdings in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 15.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 107,165 shares of the investment management company’s stock after purchasing an additional 14,273 shares during the quarter. Claro Advisors LLC’s holdings in Invesco Trust for Investment Grade Municipals were worth $1,132,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Oppenheimer & Co. Inc. boosted its stake in Invesco Trust for Investment Grade Municipals by 37.1% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 24,167 shares of the investment management company’s stock worth $255,000 after purchasing an additional 6,542 shares during the period. Kercheville Advisors LLC boosted its position in shares of Invesco Trust for Investment Grade Municipals by 8.3% during the 3rd quarter. Kercheville Advisors LLC now owns 13,463 shares of the investment management company’s stock valued at $142,000 after acquiring an additional 1,027 shares during the last quarter. Dakota Wealth Management boosted its position in shares of Invesco Trust for Investment Grade Municipals by 2.3% during the 3rd quarter. Dakota Wealth Management now owns 90,000 shares of the investment management company’s stock valued at $950,000 after acquiring an additional 2,000 shares during the last quarter. Leo Wealth LLC boosted its position in shares of Invesco Trust for Investment Grade Municipals by 11.5% during the 3rd 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. Finally, Wealth Alliance Advisory Group LLC boosted its position in shares of Invesco Trust for Investment Grade Municipals by 18.7% during the 3rd quarter. Wealth Alliance Advisory Group LLC now owns 16,937 shares of the investment management company’s stock valued at $179,000 after acquiring an additional 2,665 shares during the last quarter. 38.13% of the stock is currently owned by institutional investors.

Invesco Trust for Investment Grade Municipals Trading Down 1.1 %

NYSE VGM opened at $10.17 on Monday. Invesco Trust for Investment Grade Municipals has a one year low of $9.18 and a one year high of $10.70. The stock has a 50 day moving average price of $10.42 and a 200-day moving average price of $10.27.

Invesco Trust for Investment Grade Municipals Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.0646 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 7.62%.

Invesco Trust for Investment Grade Municipals 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.