Pathstone Holdings LLC Raises Stock Position in Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Pathstone Holdings LLC increased its holdings in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 45.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,112,444 shares of the investment management company’s stock after purchasing an additional 348,153 shares during the period. Pathstone Holdings LLC’s holdings in Invesco Trust for Investment Grade Municipals were worth $11,247,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Nomura Holdings Inc. purchased a new position in shares of Invesco Trust for Investment Grade Municipals during the fourth quarter worth $141,000. Nuveen Asset Management LLC raised its holdings in shares of Invesco Trust for Investment Grade Municipals by 159.5% during the fourth quarter. Nuveen Asset Management LLC now owns 35,973 shares of the investment management company’s stock worth $363,000 after purchasing an additional 22,109 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Invesco Trust for Investment Grade Municipals by 24.4% during the fourth quarter. Cetera Investment Advisers now owns 21,177 shares of the investment management company’s stock worth $214,000 after purchasing an additional 4,154 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Invesco Trust for Investment Grade Municipals by 57.4% during the fourth quarter. Bank of America Corp DE now owns 329,178 shares of the investment management company’s stock worth $3,325,000 after purchasing an additional 120,024 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in shares of Invesco Trust for Investment Grade Municipals by 7.1% during the fourth quarter. Ameriprise Financial Inc. now owns 300,727 shares of the investment management company’s stock worth $3,037,000 after purchasing an additional 20,054 shares during the last quarter. Hedge funds and other institutional investors own 38.13% of the company’s stock.

Invesco Trust for Investment Grade Municipals Stock Up 0.7%

VGM opened at $9.65 on Friday. Invesco Trust for Investment Grade Municipals has a fifty-two week low of $9.28 and a fifty-two week high of $10.70. The company has a fifty day moving average of $9.76 and a two-hundred day moving average of $10.03.

Invesco Trust for Investment Grade Municipals Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be issued a $0.0646 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.78 dividend on an annualized basis and a yield of 8.03%.

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.