Raymond James Financial Inc. Purchases Shares of 10,678 Invesco Trust for Investment Grade New York Municipals (NYSE:VTN)

Raymond James Financial Inc. acquired a new position in shares of Invesco Trust for Investment Grade New York Municipals (NYSE:VTN) in the 4th quarter, Holdings Channel reports. The fund acquired 10,678 shares of the investment management company’s stock, valued at approximately $112,000.

Several other large investors have also modified their holdings of the stock. Ashton Thomas Securities LLC raised its stake in Invesco Trust for Investment Grade New York Municipals by 145.5% during the 4th quarter. Ashton Thomas Securities LLC now owns 111,700 shares of the investment management company’s stock worth $1,169,000 after acquiring an additional 66,200 shares in the last quarter. LPL Financial LLC acquired a new stake in shares of Invesco Trust for Investment Grade New York Municipals during the fourth quarter worth about $199,000. Wolverine Asset Management LLC lifted its holdings in shares of Invesco Trust for Investment Grade New York Municipals by 1,314.1% in the 4th quarter. Wolverine Asset Management LLC now owns 13,618 shares of the investment management company’s stock valued at $143,000 after purchasing an additional 12,655 shares during the last quarter. Joseph P. Lucia & Associates LLC lifted its holdings in shares of Invesco Trust for Investment Grade New York Municipals by 131.3% in the 4th quarter. Joseph P. Lucia & Associates LLC now owns 26,064 shares of the investment management company’s stock valued at $273,000 after purchasing an additional 14,797 shares during the last quarter. Finally, PFG Investments LLC acquired a new stake in shares of Invesco Trust for Investment Grade New York Municipals in the 4th quarter valued at about $112,000. Institutional investors and hedge funds own 34.87% of the company’s stock.

Invesco Trust for Investment Grade New York Municipals Price Performance

VTN opened at $10.34 on Wednesday. Invesco Trust for Investment Grade New York Municipals has a 52 week low of $9.49 and a 52 week high of $11.68. The business’s 50 day moving average is $10.30 and its two-hundred day moving average is $10.64.

Invesco Trust for Investment Grade New York Municipals Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a dividend of $0.0685 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 7.95%.

About Invesco Trust for Investment Grade New York Municipals

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.