Inv Vk Invt Ny (NYSE:VTN) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

by · The Cerbat Gem

Inv Vk Invt Ny (NYSE:VTN – Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.30 and traded as low as $10.25. Inv Vk Invt Ny shares last traded at $10.36, with a volume of 82,673 shares changing hands.

Inv Vk Invt Ny Stock Performance

The firm has a 50 day moving average price of $10.32 and a 200-day moving average price of $10.30.

Inv Vk Invt Ny Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 16th will be paid a dividend of $0.0685 per share. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend is Tuesday, September 16th.

Institutional Investors Weigh In On Inv Vk Invt Ny

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VTN. Alpine Global Management LLC bought a new stake in Inv Vk Invt Ny in the fourth quarter valued at about $496,000. Landscape Capital Management L.L.C. bought a new stake in Inv Vk Invt Ny in the first quarter valued at about $255,000. Guggenheim Capital LLC increased its holdings in Inv Vk Invt Ny by 6.3% in the second quarter. Guggenheim Capital LLC now owns 354,973 shares of the investment management company’s stock valued at $3,706,000 after purchasing an additional 21,089 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in Inv Vk Invt Ny in the fourth quarter valued at about $204,000. Finally, Ashton Thomas Securities LLC increased its holdings in Inv Vk Invt Ny by 17.0% in the second quarter. Ashton Thomas Securities LLC now owns 130,700 shares of the investment management company’s stock valued at $1,365,000 after purchasing an additional 19,000 shares during the last quarter. Institutional investors own 34.87% of the company’s stock.

Inv Vk Invt Ny Company Profile

(Get Free Report)

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.

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