Bank of America Corp DE Boosts Stake in Invesco Trust for Investment GradeMncpls (VGM)

Bank of America Corp DE lifted its position in shares of Invesco Trust for Investment GradeMncpls (NYSE:VGM) by 43.7% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 100,504 shares of the investment management company’s stock after buying an additional 30,581 shares during the quarter. Bank of America Corp DE owned about 0.19% of Invesco Trust for Investment GradeMncpls worth $1,154,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Delphi Financial Group Inc. bought a new stake in Invesco Trust for Investment GradeMncpls during the fourth quarter worth $1,522,000. Cohen & Steers Inc. bought a new stake in Invesco Trust for Investment GradeMncpls during the fourth quarter worth $511,000. Van ECK Associates Corp grew its holdings in Invesco Trust for Investment GradeMncpls by 13.6% during the fourth quarter. Van ECK Associates Corp now owns 215,474 shares of the investment management company’s stock worth $2,474,000 after buying an additional 25,743 shares in the last quarter. Freestone Capital Holdings LLC bought a new stake in Invesco Trust for Investment GradeMncpls during the fourth quarter worth $259,000. Finally, Private Advisor Group LLC bought a new stake in Invesco Trust for Investment GradeMncpls during the fourth quarter worth $142,000. 16.79% of the stock is owned by institutional investors.

Shares of Invesco Trust for Investment GradeMncpls stock opened at $12.34 on Friday. Invesco Trust for Investment GradeMncpls has a 12-month low of $11.20 and a 12-month high of $12.62.

The business also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be issued a dividend of $0.0516 per share. The ex-dividend date of this dividend is Tuesday, May 14th. This represents a $0.62 annualized dividend and a yield of 5.02%.

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Invesco Trust for Investment GradeMncpls 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.

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Institutional Ownership by Quarter for Invesco Trust for Investment GradeMncpls (NYSE:VGM)

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