Tyche Wealth Partners LLC Acquires Shares of 79,379 Invesco Trust for Investment Grade Municipals (NYSE:VGM)

Tyche Wealth Partners LLC bought a new stake in shares of Invesco Trust for Investment Grade Municipals (NYSE:VGM) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 79,379 shares of the investment management company’s stock, valued at approximately $785,000.

Other institutional investors also recently made changes to their positions in the company. Captrust Financial Advisors bought a new position in shares of Invesco Trust for Investment Grade Municipals during the second quarter valued at approximately $30,000. Money Concepts Capital Corp bought a new position in shares of Invesco Trust for Investment Grade Municipals during the fourth quarter valued at approximately $32,000. JPMorgan Chase & Co. bought a new position in shares of Invesco Trust for Investment Grade Municipals during the first quarter valued at approximately $49,000. Private Trust Co. NA bought a new position in shares of Invesco Trust for Investment Grade Municipals during the fourth quarter valued at approximately $75,000. Finally, Nomura Holdings Inc. bought a new position in shares of Invesco Trust for Investment Grade Municipals during the first quarter valued at approximately $99,000. 38.13% of the stock is owned by institutional investors.

Invesco Trust for Investment Grade Municipals Stock Up 0.1 %

Shares of NYSE:VGM traded up $0.01 during trading on Wednesday, hitting $9.51. 132,876 shares of the company traded hands, compared to its average volume of 124,314. The business’s fifty day moving average is $9.82 and its 200-day moving average is $9.46. Invesco Trust for Investment Grade Municipals has a one year low of $8.15 and a one year high of $10.04.

Invesco Trust for Investment Grade Municipals Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 16th will be issued a $0.0388 dividend. This represents a $0.47 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date of this dividend is Monday, April 15th.

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.