Raymond James Financial Services Advisors Inc. Reduces Position in Invesco Trust for Investment Grade Municipals (VGM)

Raymond James Financial Services Advisors Inc. decreased its holdings in Invesco Trust for Investment Grade Municipals (NYSE:VGM) by 1.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,374 shares of the investment management company’s stock after selling 770 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco Trust for Investment Grade Municipals were worth $797,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Advisors Asset Management Inc. boosted its holdings in shares of Invesco Trust for Investment Grade Municipals by 0.6% in the second quarter. Advisors Asset Management Inc. now owns 409,179 shares of the investment management company’s stock worth $5,491,000 after buying an additional 2,631 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Invesco Trust for Investment Grade Municipals by 28.6% in the second quarter. Wells Fargo & Company MN now owns 342,797 shares of the investment management company’s stock worth $4,600,000 after buying an additional 76,227 shares during the last quarter. Robinson Capital Management LLC boosted its holdings in shares of Invesco Trust for Investment Grade Municipals by 2.3% in the second quarter. Robinson Capital Management LLC now owns 297,804 shares of the investment management company’s stock worth $3,997,000 after buying an additional 6,589 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of Invesco Trust for Investment Grade Municipals by 13.5% in the second quarter. Stifel Financial Corp now owns 155,667 shares of the investment management company’s stock worth $2,099,000 after buying an additional 18,481 shares during the last quarter. Finally, Van ECK Associates Corp boosted its holdings in shares of Invesco Trust for Investment Grade Municipals by 14.2% in the second quarter. Van ECK Associates Corp now owns 145,836 shares of the investment management company’s stock worth $1,957,000 after buying an additional 18,169 shares during the last quarter. 9.28% of the stock is currently owned by institutional investors.

Invesco Trust for Investment Grade Municipals (NYSE VGM) opened at 13.02 on Friday. Invesco Trust for Investment Grade Municipals has a 12-month low of $12.34 and a 12-month high of $13.80. The company has a 50 day moving average of $13.45 and a 200-day moving average of $13.40.

The company also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Investors of record on Friday, October 13th will be given a $0.0636 dividend. The ex-dividend date is Thursday, October 12th. This represents a $0.76 dividend on an annualized basis and a yield of 5.86%.

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Invesco Trust for Investment Grade Municipals Company Profile

Invesco Van Kampen Trust For Investment Grade Municipals (the Trust), formerly Invesco Trust for Investment Grade Municipals, is a diversified, closed-end management investment trust. The Trust’s investment objective is to provide common shareholders with a high level of current income exempt from federal income tax, consistent with preservation of capital.

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

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