Advisors Asset Management Inc. Sells 7,372 Shares of Inv Vk Tr Inv $VGM

Advisors Asset Management Inc. lessened its position in shares of Inv Vk Tr Inv (NYSE:VGM) by 3.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 201,243 shares of the investment management company’s stock after selling 7,372 shares during the period. Advisors Asset Management Inc.’s holdings in Inv Vk Tr Inv were worth $1,910,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. WMG Financial Advisors LLC acquired a new stake in Inv Vk Tr Inv during the 2nd quarter worth about $104,000. Calton & Associates Inc. acquired a new position in shares of Inv Vk Tr Inv in the 1st quarter valued at about $132,000. AlphaCore Capital LLC bought a new stake in shares of Inv Vk Tr Inv during the 1st quarter valued at about $157,000. Focus Partners Advisor Solutions LLC acquired a new stake in Inv Vk Tr Inv during the second quarter worth approximately $169,000. Finally, Nuveen LLC bought a new stake in Inv Vk Tr Inv in the first quarter worth approximately $186,000. Institutional investors and hedge funds own 38.13% of the company’s stock.

Inv Vk Tr Inv Price Performance

Shares of VGM opened at $10.17 on Friday. Inv Vk Tr Inv has a 52-week low of $9.28 and a 52-week high of $10.54. The business’s 50 day moving average price is $10.14 and its two-hundred day moving average price is $9.78.

Inv Vk Tr Inv Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 17th were given a dividend of $0.0646 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date was Monday, November 17th.

Inv Vk Tr Inv 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.