Inv Vk Tr Inv (NYSE:VGM) Plans Monthly Dividend of $0.06

by · The Cerbat Gem

Inv Vk Tr Inv (NYSE:VGM – Get Free Report) declared a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be paid a dividend of 0.0646 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Monday, June 15th.

Inv Vk Tr Inv Stock Down 0.3%

Shares of VGM stock opened at $10.28 on Tuesday. The business’s fifty day moving average price is $10.14 and its 200 day moving average price is $10.27. Inv Vk Tr Inv has a 1-year low of $9.37 and a 1-year high of $10.66.

Institutional Investors Weigh In On Inv Vk Tr Inv

Hedge funds have recently bought and sold shares of the business. Advisory Services Network LLC acquired a new position in shares of Inv Vk Tr Inv during the 3rd quarter valued at $30,000. Comerica Bank boosted its holdings in shares of Inv Vk Tr Inv by 85.2% during the fourth quarter. Comerica Bank now owns 5,370 shares of the investment management company’s stock worth $56,000 after purchasing an additional 2,470 shares during the period. Allworth Financial LP increased its stake in shares of Inv Vk Tr Inv by 727.9% in the fourth quarter. Allworth Financial LP now owns 5,688 shares of the investment management company’s stock worth $59,000 after acquiring an additional 5,001 shares during the last quarter. Fifth Third Bancorp acquired a new position in Inv Vk Tr Inv in the 1st quarter worth about $81,000. Finally, Camelot Portfolios LLC acquired a new position in Inv Vk Tr Inv in the fourth quarter worth approximately $103,000. Institutional investors and hedge funds own 38.13% of the company’s stock.

About Inv Vk Tr Inv

(Get Free Report)

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. The fund primarily invests in investment grade municipal securities which include municipal bonds, municipal notes, municipal commercial paper, and lease obligations.

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